Team Investment Fund, owned by 1inch, sold all of its UniSwap (UNI) altcoin holdings. In the transaction that took place hours ago, the fund sold a total of 416,924 UNIs for 2.13 million USDC at a price of $5.11 per UNI.
UNI is trading at $4.97 at the time of this writing.
This sale followed the fund's initial purchase of 299,849 UNI at $6.67 on February 10, which provided liquidity on UniSwap. However, the latest sale shows 1inch divested all of its UNI assets at a loss.
Despite this, 1inch Team Investment Fund still has significant assets. The fund's main assets are as follows:
- 1INCH: $89.69 million
- USDC: $30.48 million
- USDT: $16.00 million
- STETH: $13.71 million
- ETH: $8.13 million
- WETH: $6.15 million
- AMPL: $3.19 million
However, another cryptocurrency whale sold a large amount of Ethereum. The whale moved 19,304 Ethereum coins worth $37.16 million to the cryptocurrency exchange Binance. About two hours ago, another ETH whale sold 7,500 ETH for 14.41 million dollars and had only 2,500 ETH left.
*This is not investment advice.
