1inch Investor/Team Address Liquidates 14 Million 1INCH, Causing Price to Drop 7%

According to on-chain analyst Yu Jin's monitoring, a 1inch investor/team address (0x38c...b12) executed a liquidation sale of 14 million 1INCH tokens on-chain, valued at $1.83 million, causing the 1INCH price to drop from $0.1385 to $0.129. The address received 15 million 1INCH tokens through vesting unlocks one year ago. Of these, 1 million tokens were sold 7 months ago at a price of $0.17, and the remaining 14 million tokens were liquidated today at a price of $0.13.