A whale/institution transferred 1.247 million UNI to Binance 1 hour ago
According to Chain Analysis Analyst Yu Jin's monitoring, after the SEC issued a Wells notice to Uniswap Labs, the UNI price fell from $11.2 to the current $9.4, a 16% drop. A whale/institution who bought 1.247 million UNI at an average price of $6.63 in early 2023 decided to clear their position on UNI due to this news: one hour ago, they transferred all 1.247 million UNI to Binance through two addresses. The whale/institution ultimately realized a profit of approximately $3.45 million (+42%) on UNI.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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