Investment firm Pantera Capital has transferred 13.5 million 1INCH tokens, equivalent to about $4.95 million, to Coinbase Prime. The transaction was reported by the monitoring service Ember and occurred approximately 12 hours ago.
This is not the first time Pantera Capital has made such a transfer. Over the past four days, they have moved a total of 21.4 million 1INCH tokens to Coinbase Prime, amounting to approximately $8.07 million.
Pantera Capital has still a substantial holding in 1INCH, having obtained a total of 104.6 million 1INCH through investment unlocking. Despite the recent transfers, they still hold a significant amount of 82.45 million 1INCH, which is worth about $30.37 million.
It is not intended to provide investment advice.
