DeFiRecap

1INCH Drop Explored: Exploit, Team Buy, Future Outlook

⬇ What’s Behind the 1INCH Fall—But Why Team Still Bought $3.3M?

Recently, 1INCH has been trading at around $0.28, down sharply from its all-time highs near $8.65 — a collapse of nearly 97%. A complex mix of events has driven the slide.

- Smart contract hack: In early March, an exploit targeting outdated Fusion v1 resolvers led to a $5 million loss, spooking investors—even though end-user funds remained secure. The price dropped ~5% with a surge in volume.

- Internal optimism: Just last month, an on-chain wallet linked to the 1inch team acquired 11.8 million INCH (~$3.3M) over 16 hours. This signals strong internal conviction despite the broader downtrend.

- Analyst outlooks diverge: While Bullish models cite DeFi growth and adoption (e.g., CoinLore’s $32 per 1INCH—more visionary than probable), bearish scenarios foresee further downside short term.

Trading Strategy:

Entry zone: Monitor for accumulation between $0.25–$0.27, especially if technicals like 50-day EMA hold as support.

Team buying trend: Follow smart money movements — this buy signals confidence. Maintaining partial position here could pay off.

Risk control: Expect volatility — scale in, set tight stops under key levels, and avoid overexposure until DeFi and on-chain usage revive.

Team just bought—confidence or capitulation? Rate your optimism for 1INCH from 0–10!

@Binance #1INCH #CryptoWrap #DeFiRecap #BinanceSquare @1inch Network

$1INCH