The 1inch team's recent sale of 1INCH tokens for USDC follows a significant transfer of funds to Binance, indicating active market engagement.
On July 13, on-chain analyst Yu Jin reported that the 1inch team sold 904,000 1INCH tokens at a price of $0.33 each, totaling $298,000 in USDC. This sale occurred shortly after the team transferred 2 million USDC to Binance, suggesting potential ongoing trading activity.