1INCH worth approximately US$2.92 million was transferred to CEX and sold on the chain
According to Yu Jin monitoring, the current round of 1INCH unlocking has been ongoing for 2 days (1inch unlocks on June 1st and December 1st each year). Currently, multiple addresses have unlocked and received approximately 21.51 million 1INCH tokens (worth 7.68 million US dollars) from the belonging contract. About 38% (2.92 million US dollars) of the unlocked 1INCH has been transferred to CEX and sold on the chain, but more tokens have not been transferred or sold after being unlocked.
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.
You may also like
Peanut the Squirrel Token Sparks Controversy After Owner Launches Justice Coin
Will Bitcoin’s Correction Continue or is it a Good Time to Buy?
US stocks head into holiday week with history on their side
Let’s take a look at how US equities typically perform this time of year and what we might see in the coming days
Cardano implements first ZK smart contract
Share link:In this post: Cardano has deployed its first zero-knowledge smart contract on the mainnet through the use of the Halo 2 zkSNARKs. The technology allows for secure and private verification of computations with the help of the network without disclosing sensitive information. ADA recently crossed the $1 level and went as high as $1.15 before a 17% drop.