According to Odaily Planet Daily, on-chain analyst EmberCN reported that the 1inch team's investment fund transferred 5 million USDC to Binance 8 hours ago. Subsequently, the price of 1INCH rose rapidly from $0.152 to $0.196, an increase of about 29%.

Data shows that the fund has repeatedly accumulated 1INCH at low prices and sold at high prices over the past two years, achieving profits from these price swings. Last year, it bought at $0.24 and sold at $0.53; this year, it bought at $0.25 and sold around $0.28 in August.