Golden Finance reported that according to monitoring by on-chain analyst Yu Jin, the 1inch team spent $728,000 to buy 2.91 million 1INCH in the past 5 hours. Together with a portion of the purchase on 7/5, they spent a total of $1.32 million to buy 4.76 million 1INCH in the past month and a half, with an average price of $0.277.
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