PANews reported on July 13 that according to on-chain analyst Yu Jin’s monitoring, after transferring 2 million USDT to Binance yesterday afternoon, the 1inch team investment fund withdrew 6.334 million 1INCH an hour and a half ago. Since July 6, they have purchased 13.23 million 1INCH with 3.43 million USDC on the chain, and transferred 7.97 million USDT to Binance to purchase 32.41 million 1INCH back to the address. During this period, the price of 1INCH rose by 100% (US$0.18 → US$0.36). Now, the 1inch team investment fund has spent a total of 13.64 million USDC to purchase 55.85 million 1INCH since February, with an average price of US$0.244, and currently has a floating profit of US$5.13 million.