Popular fund 1inch Mutual Fund, which invests in various cryptocurrencies, continues to increase its Ethereum holdings.
At this point, the 1inch Mutual Fund wallet, which made its previous purchase on August 28, bought ETH once again.
According to Lookonchain’s post, the 1inch Mutual Fund wallet spent 5 million USDT buying 3,076 ETH at $1,625 during the day.
In his previous purchase, he spent 10 million USDT and 74,198 USDC ($10,075 million in total) to buy 6,088 ETH at an average price of $1,655.
With the last purchase, the 1inch Mutual Fund wallet currently holds 26.8 million USDT and 12,529 ETH ($20.46 million).
“1inch Mutual Fund wallet spent 5 million USDT an hour ago to purchase 3,076 ETH, also at $1,625.
1inch Mutual Fund wallet currently holds 26.8 million USDT and 12,529 ETH ($20.46 million).”
1inch Investment Fund wallet spent 5M $USDT to buy 3,076 $ETH at $1,625 again an hour ago.
1inch Investment Fund wallet currently holds 26.8M $USDT and 12,529 $ETH($20.46M).https://t.co/kOm8CohtSU pic.twitter.com/QJDTFwgyUz
— Lookonchain (@lookonchain) September 5, 2023
Ethereum continues to trade at $1,632 at the time of writing.
*This is not investment advice.
