1INCH Surges 20.87% as Team Fund Acquires 11.81M Tokens, Trading Volume Hits $407M

The recent 20.87% price increase in 1INCHUSDT over the past 24 hours is primarily attributed to significant token accumulation by the 1inch team’s investment fund, which acquired over 11.81 million 1INCH within 16 hours and made notable transfers between exchanges. This team-led buying activity has been interpreted by the market as a strong signal of confidence, driving both trading volume and bullish sentiment.

Currently, 1INCHUSDT is trading at $0.3371 on Binance, with a 24-hour open of $0.2789 and trading volumes reaching as high as $407.06 million, reflecting heightened market interest and a robust upward trend over the past week.