1inch Investors Offload $5.04M in Tokens, Price Falls 16.7%

On January 27, 2025, blockchain analytics firm Lookonchain reported that three wallets labeled as ‘1inch Team’ sold 36.36 million 1INCH tokens worth approximately $5.04 million, triggering a 16.7% price plunge to $0.1155. In response, 1inch stated that these were not team-controlled wallets and reiterated that the sale did not affect its core business operations. The platform emphasizes its independence from third-party holdings and maintains resilience as part of its strategic focus, despite heightened market concerns.

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