A whale has offloaded 1 million UNI, worth around $7.32M, over just the last 48 hours.
What's making this more interesting is the wallet's history. More than a year ago, it received a massive 20.32 million $UNI allocation (roughly $139.4M at the time) directly from Uniswap's UNI Timelock wallet.
Now, with another $7.32M worth of tokens sold, the question is how much of that original stash is still being held.
Could this be routine profit-taking, or is the whale gradually reducing its #UNI exposure? Worth keeping an eye on., but after seeing the price movement we can take it as a sell.
Wallet addresses:
0x5069A64BC6616dEC1584eE0500B7813A9B680F7E
0xAdCBF72CFd3667d858202a66ba29Ada9C2CdeC86
0xFfBeaE414F6f3146E52f18d17ff7894086BE1Ca3
What's making this more interesting is the wallet's history. More than a year ago, it received a massive 20.32 million $UNI allocation (roughly $139.4M at the time) directly from Uniswap's UNI Timelock wallet.
Now, with another $7.32M worth of tokens sold, the question is how much of that original stash is still being held.
Could this be routine profit-taking, or is the whale gradually reducing its #UNI exposure? Worth keeping an eye on., but after seeing the price movement we can take it as a sell.
Wallet addresses:
0x5069A64BC6616dEC1584eE0500B7813A9B680F7E
0xAdCBF72CFd3667d858202a66ba29Ada9C2CdeC86
0xFfBeaE414F6f3146E52f18d17ff7894086BE1Ca3
