The 1inch team has made moves to acquire approximately $11 million worth of ETH

Odaily News The 1inch team has taken action to acquire approximately $11 million worth of ETH. The 1inch team-related wallet has transferred 5 million USDT and 5.9 million USDC into two liquidity positions, with allocation amounts ranging from $1,965 to $1,800. The $11 million purchase will be completed when the price reaches the base level of $1,800.