BlockBeats News, July 10, according to Ashes Monitoring, YZi Labs transferred 5 million 1INCH (about $1.07 million) to Binance half an hour ago.
YZi Labs is the lead investor of 1inch, having acquired 75 million 1INCH through a vesting schedule. Currently, YZi Labs' on-chain address still holds 69 million 1INCH (about $14.75 million).