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Big Exchange Doesn't Stop: Sold Millions of Dollars of Its Own Altcoin on the Third Day! - Coin Bulletin
In the last three days, the 1inch team attracted attention in the market by selling a total of 15.698 million 1INCH for 8.38 million USDC.
According to the on-chain data and analysis platform EmberCN, the 1inch Investment Fund of the decentralized exchange (DEX) 1inch has attracted attention by regularly selling 1INCH tokens over the past three days.
The institution in question sold 5,217 million 1INCH tokens for 2,815 million USDC in the last 24 hours. The 1inch team has sold a total of 15,698 million 1INCH tokens since the sales series starting from December 5. The total revenue generated from these sales was recorded as 8.38 million USDC. The average price of the sales was calculated as $0.533 per token.
The bull's back, with yesterday's sale they have recovered all the principal they spent to buy 22.45 million 1INCH between July and September.