Sep 04, 01:25
Auto generation
1inch bought another 7.96M 1INCH ($1.75M) at the bottom
Inflow
Related addresses
Total tokens transferred
1.751M
USDC
7.961M
1INCH
The 1inch's Team Investment Fund further spent 1.751M USDC to buy back 7.961M 1INCH at $0.22 on average:
Overall, since July 5, 2024, the team has spent $5.5M worth of USDC and USDT to purchase 22.45M 1INCH at $0.245 on average, during almost every low.
Note that between March 1, 2023, and January 14, 2024, the team had allegedly sold 16.97M 1INCH for $7.88M on DEX and Binance/Kraken via Wintermute at a much higher average price of $0.464. It looks like the 1inch team is selling high and buying low their token!
Currently, the team's wallet holds 34.698M 1INCH ($7.63M).
Fig 1. The overall 1INCH trading history of the 1inch's Team Investment Fund.