Pantera Capital's Known Wallet Deposits $3.52 M 1INCH to Coinbase Prime

IconCryptoNewsTerminal Staff09 Aug, 2024

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Pantera Capital's Known Wallet Deposits $3.52 M 1INCH to Coinbase Prime

Cryptocurrency on-chain data analytics platform Spot On Chain reported via Twitter that "an address likely belonging to crypto investment firm Pantera Capital deposited 12.95 million 1INCH ($3.52 million) to Coinbase Prime 7 hours ago." The address has reportedly been accumulating 1INCH since 2021 and currently holds 104 million 1INCH in total. Spot On Chain added that "the address likely belonging to Pantera Capital has deposited a total of 34.91 million 1INCH ($11.8 million) to exchanges in the past 17 days at an average price of $0.338 and currently holds 69.69 million 1INCH ($19 million)." According to CoinMarketCap, 1INCH is trading at $0.273, down 0.52%. ---