The 1inch Investment Fund, a crypto wallet, has made a big purchase of Ether in April 2023, after selling its previous buys at a profit.
The fund bought 6,088 ETH for $1,655 each, spending more than $10 million in total.This was reported by Lookonchain, a platform that tracks and shares smart trades on the blockchain.
The fund had earlier acquired about 17,000 ETH for an average price of $1,569 on three occasions — Jan. 13, Feb. 9 and March 14.
The fund invested around $26 million in these trades and sold them later for a higher price.