According to PANews on January 27, Lookonchain monitoring revealed that three major 1INCH investor wallets offloaded approximately 36.36 million tokens, valued at around $5.04 million. Consequently, this substantial sell-off sparked a steep 16.70% price plunge for 1INCH. Many believe such movements from large holders can significantly destabilize the market, ultimately impacting smaller investors quite severely.
PANews reported on January 27 that, according to Lookonchain monitoring, three 1INCH investor wallets sold a total of 36,360,000 1INCH, cashing out approximately $5.04 million, causing the price of 1INCH to drop by 16.7%.
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