The 1inch team transferred 3 million U to CEX from the investment fund yesterday and withdrew 1INCH worth 962,000 U 3 hours ago.

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On July 9, according to on-chain data analyst Yu Jin's monitoring, since July 6, the 1inch team investment fund has spent a total of 4.4 million U to purchase 22.99 million 1INCH, and as a result, 1INCH has risen by 14% ($0.18→$0.206). The 1inch team investment fund transferred 3 million USDC to CEX yesterday and then withdrew 4.746 million 1INCH about 96.2 million USD ( three hours ago. It has not yet fully bought back the 1INCH withdrawal address, which may indicate that its purchasing activity is still ongoing. The 1inch team investment fund has spent a total of 6.648 million U to buy 33.19 million 1INCH this period, with an average price of 0.2 USD.

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