Is this the time to start taking profits, or just to scare everyone?

After transferring 2 million USDT to Binance yesterday afternoon, the 1inch team investment fund withdrew 6.334 million 1INCH about an hour and a half ago.

Since July 6, they have purchased a total of 13.23 million 1INCH on-chain using 3.43 million USDC and transferred 7.97 million USDT to Binance to buy 32.41 million 1INCH back to their address.
During this period, the price of $1INCH has increased by 100% ($0.18→$0.36).

Now, since February, the 1inch team investment fund has spent a total of 13.64 million U to acquire 55.85 million 1INCH at an average price of $0.244. Currently, there is an unrealized profit of $5.13 million.

Address🔗👉: 0x225d3822de44e58ee935440e0c0b829c4232086e