They smashed 170,000 ETH first, then turned around and moved 3.10 million $UNI out of the exchange?
TokenPost reports: Look at this—related institutional addresses withdrew about 3.125 million UNI from centralized exchanges between 9/15 and 9/22, with an average price of roughly $7.70, totaling about $24.21 million. The same institution had previously just cleared out about 172,500 ETH.
On-chain, Lookonchain is also tracking this position—at the current price, the unrealized profit is already substantial.
On Binance, the UNIUSDT perpetual is around 9.06, opening around 9.00, high around 9.25, and low around 8.71, up about 0.7% in 24h. Volume is about 356 million U across roughly 1.07 million trades. Open interest is about 27.87 million UNI (≈$252 million), with funding around +0.01%.
Side note: Uniswap Labs is still pushing v4 hooks. It plans to work with Open Standard to automatically distribute OUSD rewards to eligible stablecoin pool LPs—still in the design phase, no go-live date yet.
On the one hand, they offload ETH; on the other, they accumulate UNI. It looks more like portfolio reallocation than simple chasing of a breakout. Withdrawing from the exchange itself leans more toward a “holding” signal—but with the cost basis around 7.7 and the spot price just crossing above 9, if sell pressure comes back, this unrealized gain could be given back quickly. Add the extra layer of DEX stablecoin liquidity competition, and the story has one more dimension than a plain pump.
$UNI —how do you think about this institutional transfer of funds? Feel free to leave a comment and chat.
TokenPost reports: Look at this—related institutional addresses withdrew about 3.125 million UNI from centralized exchanges between 9/15 and 9/22, with an average price of roughly $7.70, totaling about $24.21 million. The same institution had previously just cleared out about 172,500 ETH.
On-chain, Lookonchain is also tracking this position—at the current price, the unrealized profit is already substantial.
On Binance, the UNIUSDT perpetual is around 9.06, opening around 9.00, high around 9.25, and low around 8.71, up about 0.7% in 24h. Volume is about 356 million U across roughly 1.07 million trades. Open interest is about 27.87 million UNI (≈$252 million), with funding around +0.01%.
Side note: Uniswap Labs is still pushing v4 hooks. It plans to work with Open Standard to automatically distribute OUSD rewards to eligible stablecoin pool LPs—still in the design phase, no go-live date yet.
On the one hand, they offload ETH; on the other, they accumulate UNI. It looks more like portfolio reallocation than simple chasing of a breakout. Withdrawing from the exchange itself leans more toward a “holding” signal—but with the cost basis around 7.7 and the spot price just crossing above 9, if sell pressure comes back, this unrealized gain could be given back quickly. Add the extra layer of DEX stablecoin liquidity competition, and the story has one more dimension than a plain pump.
$UNI —how do you think about this institutional transfer of funds? Feel free to leave a comment and chat.
