Three 1INCH Investor Wallets Dump 36.36M Tokens, Price Falls 16.7%
Lookonchain reported that three investor wallets collectively sold 36,360,000 1INCH tokens, converting roughly $5.04 million into fiat/crypto, which triggered a 16.7% drop in the 1INCH token price. The on-chain sell-off represents a concentrated liquidation from major holders and coincided with immediate downward pressure on market price and likely increased short-term selling sentiment. The report did not name the wallets or state whether sales were coordinated or due to portfolio rebalancing. Traders should note the scale of the dump (36.36M 1INCH) and proceeds (~$5.04M) as indicators of supply shock; watch for elevated volatility, larger sell walls in order books, and potential short-term liquidation cascades. Key SEO keywords: 1INCH sell-off, 1INCH token price, crypto wallet liquidation.
Bearish
A concentrated sale of 36.36 million 1INCH tokens by three investor wallets that realized roughly $5.04M is a clear bearish signal. Large, rapid disposals from major holders increase available supply and can trigger panic selling and stop-loss cascades, producing sharp short-term price declines — as evidenced by the immediate 16.7% drop. Historically, similar concentrated dumps (large whale sales) in small-to-mid cap tokens often produce sustained short-term underperformance and elevated volatility until the sell pressure is absorbed or new demand emerges. For traders: expect continued downside risk and higher spreads in the short term; short-term momentum trades or short positions may be favored, while longer-term holders should monitor on-chain flows, wallet distributions, and potential buy-back or staking incentives before adding exposure. Monitor order book depth, inflows to exchanges, and whether the sellers move proceeds to exchanges (which would signal further selling) or to cold storage (which may indicate profit-taking without continued selling).