On-chain data shows that 1INCH token holders distributed tokens as the price dropped by 15%.
Show original
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
According to CoinWorld, on-chain data shows that on Tuesday, a whale holding a large amount of 1INCH tokens sold approximately 36.36 million tokens, worth about $5 million, through the CoW protocol. This sale accounted for about 2.6% of the circulating supply and 8% of the day's trading volume, and was accompanied by a sharp drop in the token price by 15% to 17% that day, falling to around $0.115 to $0.118, further exacerbating the already fragile market liquidity pressure.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now！
You may also like
Spot platinum breaks above $1,850 per ounce
智通财经•2026/09/09 12:36
Tanker attack results in casualties, renewed surge in geopolitical risk premium
智通财经•2026/09/09 12:36
Crypto prices
More
Bitcoin
BTC
$79,574.05
+1.62%
Ethereum
ETH
$2,510.53
+1.55%
Tether USDt
USDT
$0.9997
+0.01%
BNB
BNB
$750.63
-0.05%
XRP
XRP
$1.44
+2.92%
USDC
USDC
$1
+0.01%
Solana
SOL
$104.65
+1.56%
TRON
TRX
$0.3390
+0.07%
Hyperliquid
HYPE
$86.89
+4.56%
Zcash
ZEC
$1,263.43
+9.39%
How to buy BTC
Bitget lists BTC – Buy or sell BTC quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new users!
Sign up now