🚀 The whale who earned on ETH is now making a big bet on UNI! Will this time bring profit?
A global on-chain audit has recorded a major counter-move by the market’s biggest player.
The insider wallet that shocked the industry with a large-scale ETH outflow worth hundreds of millions has officially redirected the released liquidity toward a total draining of order books in the main DeFi asset.
• Tranche.
The whale fully locked in profit by selling 167,855 $ETH for $408 million, after which it began a cascade of Uniswap token withdrawals. Over the last 7 days, the wallet removed 3,125,000 $UNI from circulation with a total value of $24.2 million.
• Efficiency.
The position was accumulated through continuous tranches via Binance, Bybit, and OKX at an average price of about $7.75 per coin. Thanks to the bullish response of the order books, this spot bag is already showing a net unrealized profit of +$3.8 million.
$UNI

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