1INCH Surges 15.79% as Team Accumulates 11.81M Tokens, Market Interest Soars on High Volume

The recent 15.79% price increase in 1INCHUSDT over the past 24 hours is primarily attributed to significant accumulation activity by wallets associated with the 1inch team and its investment fund. On-chain data shows the team acquired over 11.81 million 1INCH tokens, raising their total holdings to 83.97 million, while the investment fund transferred $3 million USDT to an exchange and withdrew nearly $1 million worth of 1INCH. These large-scale purchases have driven strong bullish sentiment and heightened trading activity, resulting in a notable price rally and increased market interest.

As of the latest data from Binance, 1INCHUSDT is trading at $0.3315 with a 24-hour open of $0.2863, reflecting substantial volatility and high trading volumes. The token has recorded a 24-hour price change of 15.79%, with the market capitalization standing at approximately $409.47 million and a circulating supply of 1.39 billion 1INCH, indicating robust investor engagement and significant market movement.