{"id":83666,"date":"2023-08-28T16:04:19","date_gmt":"2023-08-28T13:04:19","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=83666"},"modified":"2025-09-12T12:34:08","modified_gmt":"2025-09-12T09:34:08","slug":"1inch-allocates-10m-to-buy-ethereum","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/1inch-allocates-10m-to-buy-ethereum\/","title":{"rendered":"1inch allocates $10m to buy Ethereum"},"content":{"rendered":"<p>The wallet associated with the DeFi project&#8217;s investment fund 1inch bought 6,088 ETH (about $10 million). Analysts at Lookonchain highlighted this.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2023-08-28-v-16.02.50.webp\" alt=\"Snimok-ekrana-2023-08-28-v-16.02.50\" class=\"wp-image-214514\"\/><figcaption class=\"wp-element-caption\">Data:<a href=\"https:\/\/twitter.com\/lookonchain\/status\/1696054926831685999\"> X<\/a>.<\/figcaption><\/figure>\n<p>The purchase price was $1,655.<\/p>\n<p>On January 13, February 9 and March 14, the fund bought 17,076 ETH at an average of $1,569. The trades totaled about $26 million.<\/p>\n<p>Around July 5, about 11,000 ETH were sold at $1,906, yielding a profit of roughly $3.7 million.<\/p>\n<p>As of now the wallet holds 9,453 ETH worth about $15 million. Overall the address holds digital assets worth roughly <a href=\"https:\/\/debank.com\/profile\/0x225d3822de44e58ee935440e0c0b829c4232086e\/history\">~$80 million<\/a>.<\/p>\n<p>Between 2021 and 2022, the parent company of the OnlyFans content-subscription service <a href=\"https:\/\/forklog.com\/en\/news\/parent-company-of-onlyfans-invested-19-9-million-in-ethereum\">invested $19.9 million<\/a> in Ethereum.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The wallet associated with the DeFi project&#8217;s investment fund bought 6,088 ETH (about $10 million).<\/p>\n","protected":false},"author":1,"featured_media":83667,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1487,46],"class_list":["post-83666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-1inch","tag-ethereum"],"aioseo_notices":[],"amp_enabled":true,"views":"12","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=83666"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83666\/revisions"}],"predecessor-version":[{"id":83668,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/83666\/revisions\/83668"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/83667"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=83666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=83666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=83666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}