1inch Investment Fund Buys Back 7.96M 1INCH Tokens for $1.75M USDC
9/4/2024 2:15:27 AM
According to @spotonchain, the 1inch Investment Fund has recently spent 1.75 million USDC to repurchase 7.96 million 1INCH tokens at a low price. Since July 5, 2024, the fund has invested a total of 5.5 million USD to acquire 22.45 million 1INCH tokens at approximately $0.245 each, usually during market lows. Additionally, between March 2023 and January 2024, the team reportedly sold 16.97 million 1INCH tokens. (Source)
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