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1INCH Price Tumbles as Investors Reportedly Offload $8 Million | Decentralized Exchange News

1INCH Price Tumbles as Investors Reportedly Offload $8 Million Worth of Tokens

The chief communication at 1inch Network, Sergey Maslennikov clarified:“Actually, those wallets and token transfers are not connected to the 1inch Foundation in any way, but attribute to some of the 1inch Network’s backers who continuously receive their unlocked 1INCH tokens in accordance with the vesting schedule/timeline”Additionally, a Tweet from DonYakka claimed that the transfer “was not from the 1INCH foundation wallet.”He said: “It is via an early investor because they have claimed through vesting contract, the date that 25% drop happened the whole market did, 1INCH does have a BTC and ETH pair so when these pairs increase be ready for pump too.”.

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