The 1inch team address sold off all of its over 416,000 UNI, which was approximately US$2.13 million.
On November 17th, as monitored by Spot On Chain, within the past hour, an address starting with 0x225d and marked as 1inch: Investment Fund exchanged all of its 416,924 UNI for 2.13 million USDC, with an average selling price of $5.11 per token.
1inch developer portal adds History API
According to official sources, 1inch Labs has announced that the History API has been added to the 1inch developer portal, with the aim of expanding the range of innovative Web3 tools provided for developers. The 1inch History API provides methods based on transaction tracking, which, with the help of the 1inch Traces API, can provide transaction history records for addresses on multiple blockchains. The API features a user-friendly interface, fraud protection, support for internal transactions, and a response time of less than 200 milliseconds. The 1inch History API can be integrated into various types of DeFi projects, such as wallets, DEXs, rating tools, and DApps.
1inch new proposal: It is recommended to exchange approximately 2.58 million ARB into USDC and bridge to the Ethereum main network
1inch has proposed to exchange all $ARB tokens on Arbitrum One for USDC, and then bridge these USDC funds to the 1inch DAO treasury on the Ethereum mainnet (the 1inch DAO treasury received an airdrop of 2,575,405 $ARB tokens in April 2023).The main purpose of this proposal is to maximize value and reduce volatility asset risks by exchanging $ARB tokens for USDC stablecoin pegged to the US dollar.
1inch Team wallet sold $3 million worth of stETH at an average price of $2,010 after removing $3 million of liquidity from Uniswap
Arkham, 1inch Team's wallet sold an additional $3 million worth of stETH at an average price of $2010 after removing $3 million in liquidity from Uniswap. The wallet currently holds approximately $64 million in stablecoins and $14.3 million in stETH.
The 1inch team made a profit by selling 4,685 stETH, realizing a profit of US$900,000.
According to on-chain analyst Yu Jin's monitoring, in the past half hour, the 1inch team's address chose to sell some ETH for profit: selling 4,685 stETH for 8.54 million USDC, with an average price of $1,823, realizing a profit of $900,000. Since August 28th, the 1inch team has cumulatively purchased 10,773 ETH using 15 million USDT and 2.56 million USDC, at an average price of $1,630.
The 1inch Community Is Voting on the Proposal of “Staking 1 Million DAI To Earn Income From DSR”
The decentralized trading aggregator 1inch Network community is voting on proposal 1IP-41, which suggests exchanging 1 million USDC in the 1inch DAO for DAI. The 1 million DAI will be pledged in the MakerDAO DSR to earn interest and directly mint sDAI. By using sDAI, the 1inch DAO can hold sDAI directly in the 1inch Treasury to represent its DSR yield. The proposal currently has a support rate of 97.09%, and the vote will end on September 11th.
1inch Investment Fund Abruptly Accumulates $10,000,000 in Ethereum Amid Market Downturn: On-Chain Data
According to blockchain tracker Lookonchain, the investment fund associated with decentralized exchange aggregator 1inch has suddenly acquired $10 million worth of Ethereum over the weekend. The same wallet also purchased 17,000 ETH worth $26.8 million between January and March of this year. On July 5th, the wallet sold 11,000 ETH for roughly $21 million at a profit of $3.7 million. Additionally, Lookonchain notes that a wallet known as dimethyltryptamine.eth spent 27 ETH worth $45,000 to purchase 50 billion Pepe on Sunday.
Data: The 1inch Team Purchased About 6088 ETH at an Average Price of $1655
The 1inch team address (tag: 1inch: Team Investment Fund Collection) purchased 6,087.7 ETH using 10 million USDT and 70,000 USDC (a total of 10.07 million USD) 5 hours ago at an average price of 1655 USD, as monitored by on-chain analyst Yu Jin.
Dragonfly Capital's 2021 Investment in 50 Million 1INCHs is Fully Sold
According to chain analysts @EmberCN, Dragonfly's 50 million 1INCH have all entered (sold), including (2022/1/6) 500,000 transferred to Genesis Trading OTC; (2023/7/18) 37.5 million transferred to OKX and Coinbase; (2023/7/19) 12 million also transferred to OKX and Coinbase. OKX and Coinbase.
1INCH Cryptocurrency Dumps 15% in 24 Hours, Becomes Worst Performer in Top 100 by Market Cap
1INCH, the cryptocurrency powering the 1inch Network decentralized exchange liquidity aggregator, has experienced a 15% drop in the past 24 hours, making it the worst-performing cryptocurrency in the top 100 by market cap during this time. This comes as bitcoin and ether also experience a dip in value.
