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Analysis: The 1inch team's investment fund allegedly engaged in price manipulation, causing the price to surge after transferring 5 million USDC to Binance.
2025-11-06 08:37
BlockBeats News, November 6th. According to EmberCN's monitoring, the 1inch team's investment fund is suspected of driving up the price of 1INCH. About 8 hours ago, after transferring 5 million USDC to Binance, 1INCH started to rise from 0.152 USDC to 0.196 USDC, a 29% increase.
Over the past two years, the 1inch team's investment fund has made significant profits from buying low and selling high in short-term swings of 1INCH:
2024: Bought at 0.24 USDC, sold at 0.53 USDC;
2025: Bought at 0.25 USDC, sold in August at 0.28 USDC.
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2025-11-05 12:41
2025-11-05 14:42
On-Chain Detective
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2025-11-06
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