1inch Team Investment Fund Drives 14% Surge with $6.65M Buy of 33.19 Million 1INCH Tokens
2025-07-09 11:26:50
Main Idea
The 1inch team investment fund has invested $6.65 million to acquire 33.19 million 1INCH tokens, contributing to a 14% price increase.
Key Points
1. The 1inch team investment fund allocated approximately $4.4 million to acquire 22.99 million 1INCH tokens since July 6.
2. This acquisition contributed to a 14% price increase, pushing 1INCH from $0.18 to $0.206.
3. The fund transferred 3 million USDC to Binance and withdrew 4.746 million 1INCH tokens, valued near $962,000.
4. In total, the fund invested around $6.648 million to secure 33.19 million 1INCH tokens, averaging a purchase price of $0.20 per token.
Description
On July 9, on-chain data analyst Yu Jin reported that since July 6, the 1inch team investment fund has allocated approximately $4.4 million to acquire 22.99 million 1INCH tokens. This
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