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The 1inch team has made moves to acquire approximately $11 million worth of ETH

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1inch team has taken action to acquire ETH worth about $11 million. The 1inch team's related wallet has transferred 5 million USDT and 5.9 million USDC to two liquidity positions, with the allocation amount ranging from $1,965 to $1,800. The purchase of $11 million will be completed when the price reaches the benchmark level of $1,800.

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