As altcoins rise, a new bottom is made.

Pump, then dump, then a new low, and so on Founder of 1inch Coin: The higher the coin, the more they sell and transfer to Ethereum, the team himself.

He owns a large amount of Ethereum,

This indicates that the 1inch team does not trust its project and allocated all transfer expenses on 1inch dex and swaps to Ethereum.

Some buy btc and some eth

People are buying altcoins and the team is selling them and investing in currencies like eth and btc

Every day it becomes clear that alternative currencies are not as strong as they used to be, as liquidity comes out of altcoins daily and is converted into BTC.