1INCH liquidity is a concern; a single sell-off triggered a 13% drop in market capitalization.

PANews reported on January 27th that, according to Yu Jin, although 1INCH has a circulating market capitalization of $180 million, its liquidity is extremely poor. A single sell-off of less than $2 million has caused the price to drop by more than 13%. The 24-hour trading volume of the Binance 1INCH/USDT pair was only $1.5 million, of which about 77% was provided by arbitrage bots, and the actual trading volume was only $340,000, reflecting the current weak liquidity in the altcoin market.

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Author: PA一线

This content is for market information only and is not investment advice.

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