YZi Labs transferred 5 million 1INCH to Binance, approximately US$1.07 million
According to online reports, Ember reported that after the 1inch team investment fund recently bought back 1INCH, raising the price from US$0.18 to US$0.215, YZi Labs (formerly known as Binance Labs) transferred 5 million 1INCH (approximately US$1.07 million) to Binance half an hour ago. It is understood that YZi Labs, as the leading investment institution of 1inch, has obtained a total of 75 million 1INCHs through ownership unlocking. Currently, its chain address still holds 69 million 1INCHs (approximately US$14.75 million).
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