1inch investor/team address dumps 14 million 1INCH, causing price to drop by 7%
According to Odaily, on-chain analyst Yu Jin monitored that a 1inch investor/team address (0x38c...b12) made a full liquidation on-chain, selling 14 million 1INCH tokens worth $1.83 million, causing the price of 1INCH to drop from $0.1385 to $0.129. This address received 15 million 1INCH tokens through vesting unlock a year ago, of which 1 million were sold 7 months ago at a price of $0.17, and the remaining 14 million were fully liquidated today at a price of $0.13.
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