The 1-inch team spent a total of 6.648 million USDC to buy 33.19 million 1INCH in this cycle, with an average price of 0.2 USD

Odaily Planet Daily News: According to on chain analyst Yu Jin's monitoring, since July 6th, the 1inch team investment fund has spent a total of $4.4 million to purchase 22.99 million 1INCH, and 1INCH has risen by 14% ($0.18 to $0.206) as a result. The 1inch team investment fund transferred 3 million USDC to Binance yesterday, and then returned 4.746 million 1INCH (962000 USD) within 3 hours. The U transferred to Binance has not yet been fully purchased into the 1INCH withdrawal address, which means their purchase is still ongoing. Adding the 1INCH purchased by the team from February to April, they spent a total of 6.648 million USDC to buy 33.19 million 1INCH units this cycle, with an average price of 0.2 USD.