1inch Team Withdraws 4.12 Million 1INCH Tokens and Transfers 2 Million USDT to Binance
Main Idea
The 1inch team withdrew 4.12 million 1INCH tokens and transferred 2 million USDT to Binance, indicating a strategic liquidity adjustment.
Key Points
1. The 1inch team withdrew approximately 4.12 million 1INCH tokens back to the blockchain.
2. Around 2 million USDT was transferred to the Binance exchange.
3. This move is described as a strategic liquidity adjustment.
Description
The 1inch team investment fund has recently executed a significant asset reallocation, withdrawing approximately 4.12 million 1INCH tokens back to the blockchain. Concurrently, the fund transferred around 2 million USDT
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