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The 1inch team spent 728,000 U buying 2.91 million 1INCH in the past 5 hours.
According to on-chain analyst Yu Jin's monitoring, the 1inch team spent 728,000 U.S. dollars to buy 2.91 million 1INCH in the past 5 hours. In addition to the portion they bought on 7/5, they have recently spent 1.32 million U buying 4.76 million 1INCH at an average price of $0.277. It also said that previously they only saw the 1inch team doing swing trading on ETH (with a high win rate) and selling 1INCH, and it seems to be the first time they bought back 1INCH.