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1 Inch Token Surges 58% As Daily Trading Volume Hits 20-Month High; Investor invests $3.7 million in Binance

This creates a fragile market dynamic as a result of market depth, a metric used to evaluate liquidity at a 2% unfold, stays comparatively low in comparison with buying and selling quantity. In response to CoinMarketCap, the buy-side market depth of 1 inch on Binance presently stands at $226,272. Spot sellers can benefit from leveraged buying and selling exercise to induce liquidation of lengthy positions.

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