According to on-chain data analyst @EmberCN, the 1inch team's investment fund has sold 1INCH for the third consecutive day. They have exchanged another 5.217 million 1INCH for 2.815 million USDC in the past day.
The data shows that since May 5th, the 1inch team has exchanged a total of 15.698 million 1INCH for 8.38 million USDC, with an average selling price of $0.533 per unit.