TechFlame reports that according to on-chain analyst Ember Monitoring, the 1inch team's investment fund began selling the ETH and 1inch they had previously purchased on the chain to reap profits. Currently, it has sold 5,000 ETH at an average price of 4,215 for 21.07 million USDC; selling 6.45 million pieces of 1inch at an average price of 0.28 US dollars in exchange for 1.8 million USDC. ETH is 11,198 ETH they bought at a price of $2,577 for 28.85 million USDC in February; 1INCH was 61.76 million 1INCH that they spent 15.65 million USDC to buy at $0.253 in July. This portion of ETH and 1INCH, which have already been sold today, has earned them a profit of $8.36 million.