Data: A certain whale address withdrew approximately 2.18 million UNI within 6 hours, bringing its total holdings to 3.629 million coins with a floati...
AI Summary1 min read
TL;DR
A whale address withdrew 2.18 million UNI worth $12.68M in 6 hours, increasing holdings to 3.629M UNI with a $740K unrealized profit, possibly linked to Coinbase's internal operations.
Tags
UniswapGovernanceDecentralized Exchange (DEX) TokenYield FarmingUNIwhaleCoinbasecryptocurrencywithdrawal
According to ChainCatcher, market sources indicate that prior to the submission of the Unification proposal, an address suspected to be a whale or institutional investor continuously withdrew UNI from Coinbase. In the past six hours, it withdrew another 2.179 million UNI, worth approximately $12.68 million, bringing its current total holdings to 3.629 million UNI. The average withdrawal price was $5.51, resulting in a current unrealized profit of approximately $740,000. This address may also be part of Coinbase's internal wallet consolidation operations.