According to @EmberCN, the price of the 1INCH token has surged by 77% in six days, climbing from $0.18 to $0.32. This price increase coincides with significant buying activity from the 1inch team's investment fund, which began on July 6th. On-chain data shows the fund purchased 13.23 million 1INCH tokens with 3.43 million USDC directly on-chain. Additionally, the fund transferred 5.97 million USDT to Binance, which was used to acquire another 25.68 million 1INCH tokens that were subsequently withdrawn to their wallet. This aggressive accumulation by the team's fund appears to be a primary driver behind the token's recent bullish momentum.

According to @EmberCN, the 1inch team's investment fund is continuing its significant accumulation of 1INCH tokens. The fund recently purchased another 4.12 million 1INCH, valued at approximately $880,000, and subsequently transferred 2 million USDT to Binance, signaling intent for further buying. To date, the fund has spent a total of $7.526 million to acquire 37.314 million 1INCH tokens, establishing an average purchase price of $0.201. This consistent buying pressure from the project's own fund could be a strong bullish signal for traders, suggesting insider confidence and potential price support.