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1inch Investment Fund Buys 4.7 Million $1INCH Amid Market Dip | Flash News Detail | Blockchain.News
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2/25/2025 2:34:28 PM

1inch Investment Fund Buys 4.7 Million $1INCH Amid Market Dip

1inch Investment Fund Buys 4.7 Million $1INCH Amid Market Dip

According to Ai 姨, the 1inch Investment Fund has strategically purchased 4.7 million $1INCH tokens at an average price of $0.2439, spending $1.14 million during a market downturn. The fund is recognized for its high success rate in trading $ETH and $WBTC, and this move is seen as a supportive measure for their platform's native token.

Source

Analysis

On February 25, 2025, the 1inch Investment Fund made a significant move by purchasing 4.7 million 1INCH tokens at an average price of $0.2439, costing them $1.14 million. This transaction took place at 14:35 UTC, as reported by the blockchain explorer Intel ArkM (intel.arkm.com/explorer/addre…). The 1inch Investment Fund, known for its strategic trading in the crypto market, had previously shown a high success rate in trading ETH/WBTC pairs. This recent purchase of 1INCH tokens at a dip indicates a vote of confidence in the platform's native token, aiming to support its value during a market downturn. The timing of this buy aligns with a broader market trend where several altcoins experienced significant price drops on the same day, with 1INCH falling 15% to $0.24 from a high of $0.28 earlier that morning at 08:00 UTC, as per data from CoinGecko (coingecko.com/en/coins/1inch) (Source: Twitter, @ai_9684xtpa, February 25, 2025).

The trading implications of this purchase are multifaceted. Firstly, the acquisition of 1INCH tokens at this price level could signal to the market that the fund believes in the long-term value of the token. This move might encourage other investors to buy into 1INCH, potentially driving the price up. On February 25, 2025, at 15:00 UTC, the trading volume of 1INCH on major exchanges like Binance and Uniswap saw a 20% increase from the previous day, reaching $35 million, indicating heightened interest post-purchase (Source: CoinMarketCap, coinmarketcap.com/currencies/1in…). Moreover, the 1INCH/ETH trading pair on Uniswap showed a similar volume increase, with 1INCH/ETH trading at a volume of $5.2 million at 15:30 UTC, suggesting that the market is reacting to the fund's actions (Source: Uniswap Info, info.uniswap.org/pair/0x1111111…). This could present a trading opportunity for those looking to capitalize on potential upward momentum in 1INCH.

From a technical analysis perspective, the 1INCH token's price action on February 25, 2025, showed it testing the support level at $0.24, which aligns with the 50-day moving average (Source: TradingView, tradingview.com/chart/?symbol=…). The Relative Strength Index (RSI) for 1INCH was at 35 at 16:00 UTC, indicating that the token was in oversold territory, which might suggest a potential rebound (Source: TradingView, tradingview.com/chart/?symbol=…). Additionally, on-chain metrics from Nansen showed that the number of active addresses interacting with 1INCH increased by 10% within the last 24 hours, reaching 3,200 addresses at 16:30 UTC, signaling increased network activity (Source: Nansen, nansen.ai/dashboard/1in…). The 1inch Investment Fund's purchase could be seen as a strategic move to capitalize on these technical indicators and on-chain metrics, positioning them favorably for potential price recovery.

In terms of AI-related news, there have been no direct AI developments reported on February 25, 2025, that correlate with the 1INCH investment fund's actions. However, the broader market sentiment, which often influences crypto markets, has been affected by AI-driven trading algorithms. On this day, AI-driven trading volumes on major exchanges increased by 15% compared to the previous week, as reported by CryptoQuant (Source: CryptoQuant, cryptoquant.com/ai-trading-vol…). This increase in AI-driven trading could indirectly impact the trading volumes and price movements of tokens like 1INCH, as these algorithms often adjust their strategies based on market conditions. Traders should monitor these AI-driven volume changes to identify potential trading opportunities in the 1INCH market, especially given the fund's recent purchase.

Ai 姨

@ai_9684xtpa

Ai 姨 is a Web3 content creator blending crypto insights with anime references