A significant sell-off by a 1inch investor or team address has led to a 7% drop in the price of 1INCH tokens. The address sold 14 million 1INCH tokens, valued at approximately $1.83 million, causing the price to fall from $0.1385 to $0.129. This address had initially received 15 million 1INCH tokens through vesting unlocks a year ago, with 1 million tokens sold seven months ago at $0.17 each. The remaining 14 million tokens were sold today at $0.13 each.
1inch Investor Sells 14 Million Tokens, Price Drops 7%
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
