A 1inch investor/team address sold off 14 million 1INCH tokens, causing 1INCH to drop by 7%.

BlockBeats News, January 27, according to on-chain analyst Yujin's monitoring, a 1inch investor/team address just sold off 14 million 1INCH (1.83 million US dollars) in a single on-chain transaction, causing 1INCH to drop by 7% (from 0.1385 US dollars to 0.129 US dollars).

This address received 15 million 1INCH through vesting unlock a year ago, of which 1 million were sold 7 months ago at 0.17 US dollars, and the remaining 14 million were just sold off in a single transaction at a price of 0.13 US dollars.