Data: The 1inch team spent a total of 6.648 million USDC to purchase 33.19 million 1INCH during this period

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, since July 6, the 1inch team investment fund has spent a total of 4.4 million USD to purchase 22.99 million 1INCH, resulting in a 14% increase in 1INCH (from 0.18 to 0.206 USD).

The 1inch team investment fund transferred 3 million USDC to Binance yesterday, and then retrieved 4.746 million 1INCH (worth 962,000 USD) three hours ago. The USDC transferred to Binance has not all been used to purchase 1INCH for the withdrawal address, indicating that their buying is still ongoing.

Including the 1INCH purchased by the team from February to April, they have used a total of 6.648 million USDC to buy 33.19 million 1INCH this cycle, with an average price of 0.2 USD.