1inch bought another 7.96M 1INCH ($1.75M) at the bottom

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Sep 04, 01:25

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1inch bought another 7.96M 1INCH ($1.75M) at the bottom

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1inch: Team Investment Fund

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:

address: 0x225d3822de44e58ee935440e0c0b829c4232086e

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.

#1inch

#buy back

#team

#investment fund

#pump

#bottom

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1inch bought another 7.96M 1INCH ($1.75M) at the bottom

Last synced: Sep 04, 02:16

Related signals

2024 Sep 13 - 17:35

Allegedly investor's wallet vested 12.857M 1INCH ($3.43M)

Wallet 0xA6e (likely an investor or the 1inch team) just vested 12.857M 1INCH ($3.43M) from the "1inch DAO: Vesting" contract. Notably, the wallet has then staked only 1M 1INCH ($267K) and still holds 11.86M 1INCH ($3.16M) available in the wallet.

2024 Aug 28 - 16:28

1inch bought back another 3.035M 1INCH ($759K)

1inch's Team Investment Fund further bought 3.035M 1INCH with 758,785 USDC in the past 1.5 hours. In total, the team has spent 2.32M USDC to buy back 9.27M 1INCH via 2 purchasing waves at $0.25 on average in the past 6 hours. The 1INCH price only slightly surged after the first wave.

2024 Aug 28 - 10:06

1inch's Team Investment Fund bought 3.923M 1INCH ($981K)

1inch's Team Investment Fund bought 3.923M 1INCH with $980,827 in USDT and USDC at $0.25 on average in the past 10 minutes, appearing to try to complete a selling-high and buying-low round. The 1INCH price pumped 3.77% (1H).