1英寸团队投资基金最近清算了大量关键资产

就在过去的一个小时中，该基金已出售37.9 WBTC（价值约328万美元）和511 ETH（约105万美元）

The 1inch team investment fund has recently liquidated a large number of key assets in a move that is not so surprising, seeing as the sustained bearish market has put the fund "underwater" on many of its current investments.

1英寸的团队投资基金最近在此举中清算了大量关键资产，这并不令人惊讶，因为持续的看跌市场已将该基金“水下”“水下”投入了目前的许多投资。

This past hour saw the fund sell off 37.9 WBTC at $86,578 and 511 ETH at $2,072.

在过去的一个小时里，该基金以86,578美元的价格出售了37.9 WBTC，售价为511 ETH，价格为2,072美元。

The move has naturally led some to speculate on what the 1inch team is up to, especially given that the fund had previously been very open about making a series of investments in February and March.

此举自然会导致一些人推测1英寸团队的工作，尤其是考虑到该基金以前在2月和3月进行一系列投资非常开放。

Between February 2 and March 10, the 1inch team’s investment fund was very active in investing in major cryptocurrencies. The fund made a significant number of purchases in several large-cap tokens, including WBTC, ETH, and their native token, 1INCH. When all was said and done, the fund had allocated an eye-popping $44.22 million to these 1INCH and other investments.

在2月2日至3月10日之间，1英寸团队的投资基金非常积极地投资重大加密货币。该基金在包括WBTC，ETH及其本地令牌1英寸的几个大型代币中进行了大量购买。当一切都说完之后，该基金向这些1英寸和其他投资分配了一笔高达422万美元的款项。

– Ethereum (ETH): Of $28.85 million, 11,198 ETH were acquired. For the average price of $2,577 per coin, the total purchase was made.

- 以太坊（ETH）：获得了2885万美元，获得了11,198 ETH。对于每枚硬币2577美元的平均价格，进行了总购买。

– Wrapped Bitcoin (WBTC): $14.21 million was spent on obtaining 160.8 WBTC, buying them at an average price of $88,395.

- 包装比特币（WBTC）：花费了1421万美元，用于获得160.8 WBTC，平均价格为88,395美元。

– 1INCH Tokens: The leftover $1.15 million was utilized to purchase 4.7 million 1INCH tokens, with an average price of $0.245 per token.

- 1英寸令牌：剩余的115万美元用于购买470万个1英寸令牌，平均价格为0.245美元。

However, even with substantial funding, the team now finds itself in a down position, with the prices of both ETH and WBTC having dropped significantly since those purchases. This is a tough spot, especially for a fund that has earned a reputation for making profitable trades.

但是，即使有大量资金，该团队现在仍然处于下跌地位，自购买以来，ETH和WBTC的价格都大幅下降。这是一个艰难的地方，尤其是对于以盈利交易而赢得声誉的基金而言。

For instance, ETH, which was purchased at an average price of $2,577, has declined in the present market to around $2,072, bringing a heavy load of unrealized losses. On the other hand, WBTC, bought at an average of $88,395, has also depreciated in value, causing the fund’s overall performance to suffer even more.

例如，以2,577美元的平均价格购买的ETH已在当前市场下降至2,072美元左右，带来了大量未实现的损失。另一方面，平均以88,395美元的价格购买的WBTC也贬值了，导致该基金的整体绩效更加遭受。

A Strategic Sell-Off or Preemptive Loss Mitigation?

战略抛售或先发制人的减轻损失？

Given the downturn, the recent actions of the 1inch team—specifically, when they sold 37.9 WBTC at $86,578 and 511 ETH at $2,072—have raised questions among some folks in the crypto space. Are they trying to cut their losses? That’s what it looks like; and if so, it could indicate that the fund intends to preserve some capital and limit further losses, especially as the value of their holdings seems to be on a continued downward trajectory.

鉴于经济低迷，1英寸团队最近的行动 - 特别是当他们以86,578美元的价格出售37.9 WBTC和511 ETH时，以$ 2,072的价格出售了37.9 WBTC，在加密货币领域的某些人中提出了问题。他们是否试图减少损失？那就是它的样子；如果是这样，它可能表明该基金打算保留一些资本并限制进一步的损失，尤其是因为其持有的价值似乎持续下降。

The choice to sell WBTC and ETH might have been a reaction to the wider market’s unsatisfactory performance, which has affected the worth of numerous assets throughout the cryptocurrency sector. By truncating part of their holdings, the 1inch team could be aiming to release capital for the more auspicious opportunities that surely lie in wait, for a time when the cryptocurrency market as a whole has righted itself.

出售WBTC和ETH的选择可能是对更广泛市场的不令人满意的绩效的反应，这影响了整个加密货币领域的众多资产的价值。通过截断其持股的一部分，1英寸的团队可能会旨在释放资本，以获取更吉祥的机会，肯定会在等待中，而加密货币市场整体上都纠正了。

One possible interpretation of the situation is this. The 1inch team, which has previously traded WBTC, ETH, and 1INCH profitably, is now conducting a sell-off. Why? It might be part of a tactical approach to minimizing risk and avoiding larger losses in the mix of assets mentioned. If these are struggling in the market right now—and the next paragraph lays out some specifics for that—they might make a much wiser investment later when the market swings back.

对情况的一种可能解释是。以前曾在WBTC，ETH和1英寸盈利的1英寸团队中进行了抛售。为什么？这可能是一种战术方法的一部分，可以最大程度地降低风险并避免提到的资产组合中造成更大的损失。如果这些目前正在市场上挣扎，而下一段为此提供了一些细节，那么当市场退后时，他们可能会进行更明智的投资。

Are the 1inch Team’s Trades Still Profitable in the Long Run?

从长远来看，1英寸团队的交易仍然可以盈利吗？

Even though the investment fund of the 1inch team may be currently performing poorly with its held assets, it is vital to acknowledge that this fund has a notable past. In that past, the fund has shown a strikingly high win rate. This history gives the appearance of a team that invests with a long-term strategy and a potential to ride out the storm for future increased market value of its current holdings.

即使1英寸团队的投资基金目前的持有资产目前的运作效果可能很差，但必须承认该基金有一个显着的过去。在过去，该基金表现出惊人的获胜率。这段历史使一个团队的外观投资了长期的战略，并有可能带走风暴以增强其当前持股的市场价值。

The team is well-positioned as market players who are capable and knowledgeable about the ups and downs of the market. They have been successful in trading big-name cryptocurrencies such as WBTC and ETH. So, as not to be caught up in or a part of any kind of ‘real or perceived’ market manipulation, if the team is behind this recent sell-off, it is likely a temporary measure to reduce risk while it (or we) prepares for a potential market recovery.

该团队作为市场参与者的态度很好，他们对市场的起伏有能力且知识渊博。他们已经成功地交易了WBTC和ETH等大型加密货币。因此，如果不被捕获或任何一种“真实或感知到的”市场操纵的一部分，如果该团队是最近抛售的幕后黑手，那么这很可能是降低风险（或我们）为潜在市场恢复准备的风险的临时措施。

For example, if the prices of ETH and WBTC were to stabilize or increase in the next few months, the 1

例如，如果ETH和WBTC的价格将在未来几个月内稳定或上涨，则