Wallet 0xde9 (likely Wintermute Trading) just deposited 7.44M 1INCH ($3.14M) to Binance at $0.422:

• transaction: 0xd594e3f62c83b4de4dd393da1c97ca86e6d6bcae1decbca2626a5cd7513ebc1e
• address: 0xde9a61c2b776e2f4c6ddb0c9ad5ccfcfc15b0a9b

Notably, the wallet received those 1INCH tokens from Alameda Research 0x4b1 2 days ago (more details here).

Furthermore, via wallet 0x4b1, Alameda Research:

• received a total of 14.44M 1INCH from the "1inch: Vesting" contracts on June 1 and 26, 2023, when the price was $0.349 ($5.04M);
• moved all the 1INCH tokens to Wintermute at $0.519 on average ($7.5M) across 2 unloading waves on April 9 and 27, 2024. Among those tokens, the first 7M 1INCH was moved out before the latest market crash and deposited to Kraken.

Fig 1. Wallet 0xde9 (likely Wintermute Trading) received 7.44M 1INCH and deposited them to Binance at $0.422 ($3.14M) now.

Fig 2. Alameda Research 0x4b1's overall 1INCH activities.