I decided, for no particular reason, to dig into four coins that Standard Chartered used to mention. I started with $UNI.
I found an address from the top-30 $UNI holders that is still continuing to accumulate.
Only yesterday it moved another 222.3K $UNI from Coinbase, worth about $960K.
And this isn’t the first purchase by a long shot.
Right now, the wallet already holds around 4.837M $UNI, worth approximately $21.28M.
The most interesting part is that the coins practically only keep coming in, but don’t go out back.
I also found several large addresses that started actively accumulating about a month ago. And on many of them it’s almost exclusively $UNI.
And when I dug deeper, it turned out that some of these addresses are tied to multisig wallets.
Coincidence? Maybe.
But if the big addresses started collecting $UNI a month ago and are still doing it now, it becomes interesting what they’re preparing for.
Of course, whale accumulation doesn’t guarantee price growth. DYOR.
And I’ll definitely look into $LINK , $MORPHO , and $AAVE as well. 😂
#UNI #Crypto #Onchain
I found an address from the top-30 $UNI holders that is still continuing to accumulate.
Only yesterday it moved another 222.3K $UNI from Coinbase, worth about $960K.
And this isn’t the first purchase by a long shot.
Right now, the wallet already holds around 4.837M $UNI, worth approximately $21.28M.
The most interesting part is that the coins practically only keep coming in, but don’t go out back.
I also found several large addresses that started actively accumulating about a month ago. And on many of them it’s almost exclusively $UNI.
And when I dug deeper, it turned out that some of these addresses are tied to multisig wallets.
Coincidence? Maybe.
But if the big addresses started collecting $UNI a month ago and are still doing it now, it becomes interesting what they’re preparing for.
Of course, whale accumulation doesn’t guarantee price growth. DYOR.
And I’ll definitely look into $LINK , $MORPHO , and $AAVE as well. 😂
#UNI #Crypto #Onchain
