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12:14
A 1inch investor/team address sold off 14 million 1INCH tokens, causing 1INCH to drop by 7%.
BlockBeats News, January 27, according to on-chain analyst Yujin's monitoring, a 1inch investor/team address just sold off 14 million 1INCH (1.83 million US dollars) in a single on-chain transaction, causing 1INCH to drop by 7% (from 0.1385 US dollars to 0.129 US dollars). This address received 15 million 1INCH through vesting unlock a year ago, of which 1 million were sold 7 months ago at 0.17 US dollars, and the remaining 14 million were just sold off in a single transaction at a price of 0.13 US dollars.
12:14
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.
12:14
Standard Chartered: Stablecoins Pose a Real Threat to Bank Deposits
ChainCatcher reported that Standard Chartered analysts stated in a report that stablecoins pose a real risk to global and US bank deposits.
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