🚀 Wallet sells $1.03M in Uniswap tokens during Friday's surge! Who's behind it? 🤔

- A wallet holding 5.44 million UNI tokens sold 90,000 of them for $1.03 million during Friday's 60% surge to $12.80.

- Blockchain analytics firm Lookonchain suggests the wallet may belong to an early Uniswap investor or team member.

- Uniswap, a decentralized exchange (DEX), distributed UNI governance tokens to early adopters in 2020.

- The token's surge was prompted by a governance proposal to reward holders who have staked or delegated their UNI tokens.

- The wallet still holds 926,000 UNI tokens, worth $10.6 million, after selling almost 9% of its stash on Friday.

- Uniswap is now trading at $10.40, down 19% from Friday's high.

What are your thoughts on this massive token sale? 💬 Let's discuss in the comments!