Pantera Capital deposited 12.95 million 1INCH into Coinbase Prime 7 hours ago

According to Spot On Chain monitoring, on August 10th, Pantera Capital deposited 12.95 million 1INCH tokens worth about $3.52 million into Coinbase Prime 7 hours ago. It is worth noting that Pantera Capital was an investor in 1inch and acquired 104.6 million 1INCH investment shares between 2021 and 2023. Since July 24th, when the price of 1INCH began to decline, the venture capital company started depositing 1INCH into Coinbase.As of now, Pantera Capital has deposited 34.91 million 1INCH tokens worth about $11.8 million into the centralized exchange in the past 17 days, with an average price of about $0.338. Currently, Pantera Capital still holds 69.69 million 1INCH tokens worth about $19 million.