According to Odaily, on-chain analyst Yu Jin has reported that the decentralized trading protocol 1inch team has significantly increased its holdings of its native token, 1INCH. In the past hour, the team used 1.673 million USDT to purchase 6.694 million 1INCH tokens. Since July 5, the 1inch team has invested a total of 2.993 million USDT, acquiring a total of 11.454 million 1INCH tokens at an average purchase price of $0.26.