According to @EmberCN, the 1inch team investment fund sold its remaining 55.38 WBTC for $5.5 million USDC at an average price of $99,283 as Bitcoin approached the $100,000 milestone. The fund had previously acquired 160.8 WBTC between February 2 and March 10 at an average entry price of $88,395. By selling all holdings at an average exit price of $94,219, the fund realized a profit of $936,000 (source: @EmberCN on Twitter, May 8, 2025). This decisive exit at a local high signals strong profit-taking and may indicate increased selling pressure near key psychological levels, impacting short-term BTC and DeFi token volatility. Traders should closely monitor market sentiment and liquidity shifts following large institutional moves.