The 1inch team investment fund has invested $6.648 million to purchase 33.19 million 1INCH tokens, triggering a significant market response. This strategic accumulation resulted in an immediate 14% price surge, elevating the token from $0.18 to $0.206.
Starting from July 6, the fund deployed $4.4 million to acquire 22.99 million 1INCH tokens. Concurrently, the entity transferred 3 million USDC to Binance and withdrew 4.746 million 1INCH tokens, valued at approximately $962,000, contributing to the overall token accumulation strategy.
Total holdings now stand at 33.19 million 1INCH tokens secured at an average price of $0.20 per token. This substantial investment activity underscores the fund’s commitment to market positioning while driving key liquidity and momentum for the ecosystem.