This DeFi Trader Got $27.5 Million in 1INCH Token Airdrop

As all of you know that on 25th Dec 1INCH released its governance and utility token. As a part of the launch, the platform airdropped almost 90 million 1INCH tokens to the eligible users who previously traded on the exchange.

In order to qualify for the airdrop, a trader must have completed a transaction on the platform before September 15th 2020. Also, the trader who traded at least $20 in total in four trades before Dec 24th were eligible.

According to the data from Dune Analytics, a total of 26,174 wallets have claimed 1INCH token till now. The total value of 1INCH claimed till now is 67,172,592 worth $1INCH and also 75% of $1INCH airdrop has been claimed.

Also according to this on-chain analytics provider, the DeFi trader with the highest recipient of free 1INCH token airdrop received almost 9,749,686.003 worth $27.5 million at the peak price of $2.8 1INCH per token.

After the 1INCH token goes live, Binance announces listing it and then the price skyrockets from $0.20 to $2.60 within hours.

At press time the price of 1INCH token is $1.72 USD as per CoinMarketCap and the price is down by -34.94% from the last 24 hrs. The market cap and 24 h trading volume for 1INCH are $44,718,914 USD and $389,233,204 USD respectively.

The circulating supply and total Supply of 1INCH token are 25,972,246 1INCH and 1,500,000,000 1INCH respectively.