The 1inch team withdrew 6.334 million 1INCH from the CEX investment address, with the total position's unrealized gains exceeding $5 million.

By: theblockbeats.news|2025/07/13 17:36:57

BlockBeats News, July 13th. According to EmberCN's monitoring, following yesterday's transfer of 2 million USDT to Binance in the afternoon, the 1inch team's investment fund withdrew 6.334 million 1INCH tokens one and a half hours ago.

Since 7/6, they have used a total of 3.43 million USDC on-chain to purchase 13.23 million 1INCH tokens, and then transferred 7.97 million USDT to Binance to purchase and withdraw 32.41 million 1INCH tokens to an address. During this period, the price of 1INCH has risen by 100% ($0.18→$0.36).

Currently, the 1inch team's investment fund has spent a total of $13.64 million since February to acquire 55.85 million 1INCH tokens, at an average price of $0.244. The current unrealized gain is $5.13 million.

The leak of the CLARITY bill draft has triggered a plunge in Circle and Coinbase, directly hitting the core provision of the stablecoin "ban on interest," revealing the deep political and economic game in Washington's strict prevention of stablecoins evolving into on-chain savings accounts and the c...

Tokenized US stocks are not the "liquidity killer" of the crypto market

"As garbage coins are gradually eliminated, the protocols, infrastructure, and financial products that can truly create value have the opportunity to obtain a more reasonable valuation."

What Is TradFi and Why Is Everyone Talking About It in 2026?

Gold is rallying, SpaceX is heading for a historic IPO, and oil remains highly volatile. Discover why TradFi is back in focus and how crypto traders can access these opportunities with USDT. Put another way, TradFi Is Having Its Biggest Moment Ever, and Crypto Traders Are Perfectly Positioned

From Poland to Paris: A Look Back at WEEX's Global Community Journey in May 2026

Follow WEEX's global journey across Poland, Barcelona, Dubai, Milan and Paris. Explore Bitcoin Pizza Day, LALIGA VIP experiences, Web3 networking events, trading education and more from an action-packed May.

WEEX WXT Eco Carnival: How to Join WXT Events and Plan Trading Tasks

The WEEX WXT Eco Carnival is an ecosystem campaign built around WEEX Token (WXT), designed for users interested in platform tokens, spot trading, futures trading, deposit tasks, and referral rewards.

Morning Report | Strategy sold 32 BTC and over 800,000 shares of MSTR last week; Binance officially announced its U.S. stock trading portal; Polymarket reached an exclusive partnership with OneFootball

Overview of Important Market Events on June 1st

Zhou Hang: How much is SpaceX really worth?

Great companies do not equal good stocks: A deep analysis of why SpaceX's $1.75 trillion IPO valuation may contain a $1.25 trillion bubble, and retail investors should avoid blindly chasing "story premiums."

IOSG: From Coinbase to Upbit: How a Token Completes a 28-Day Journey of Taking Over

The IOSG report indicates that by 2026, the listing of tokens on first-tier exchanges has formed a highly structured path where Coinbase and ByBit are responsible for initial discovery, Binance quickly verifies and confirms, and Korean exchanges provide liquidity at the end.