The 1inch team spent a total of 6.648 million USDC to buy 33.19 million 1INCH at an average price of $0.2

Odaily News According to on-chain analyst Ember, since July 6, the 1inch team investment fund has spent a total of $4.4 million to purchase 22.99 million 1INCH, and 1INCH has therefore risen by 14% (0.18 to 0.206 US dollars). The 1inch team investment fund transferred 3 million USDC to Binance yesterday, and then withdrew 4.746 million 1INCH (962,000 US dollars) 3 hours ago. The USDC transferred to Binance has not yet been fully purchased into 1INCH withdrawal addresses, which means that their purchases are still continuing. In addition to the 1INCH purchased by the team from February to April, they used 6.648 million USDC to buy 33.19 million 1INCH in this cycle, with an average price of 0.2 US dollars.