The 1-inch team investment fund is suspected to have engaged in loss cutting operations, selling approximately $4.34 million worth of WBTC and ETH

Odaily Planet Daily News: According to @ EmberCN monitoring, the 1-inch team investment fund sold 37.9 WBTCs (approximately 3.28 million US dollars) at a price of $86578 and 511 ETH (approximately 1.05 million US dollars) at a price of $2072 in the past hour, suspected of engaging in loss making operations. On chain data shows that the fund purchased WBTC, ETH, and 1INCH for a total of $44.22 million between February 2nd and March 10th, including: Purchase 11198 ETH (approximately $28.85 million) at an average price of $2577; Purchase 160.8 WBTCs at an average price of $88395 (approximately $14.21 million); Purchase 4.7 million pieces of 1INCH (approximately $1.15 million) at an average price of $0.245. At present, these positions are all in a floating loss state.