According to Spot On Chain monitoring, 7 hours ago, Pantera Capital deposited 12.95 million 1INCH ($3.52 million) into
Coinbase Prime. It is worth noting that Pantera Capital was an investor in 1inch and received 104.60 million 1INCH from 2021 to 2023.
On July 24, as the price started to fall, the VC firm started depositing 1INCH into
Coinbase. So far, in the last 17 days, it has deposited 34.91 million 1INCH ($11.80 million) into CEX at around $0.338, with Pantera Capital still holding 69.69 million 1INCH ($19 million).