Timelock whale sells off, with 95% still left
Just uncovered in the group: An address that withdrew 20.32 million UNI from the Uniswap Timelock a year ago has deposited 1 million tokens into Binance in batches over the past two days, worth about $7.32 million. The key point: roughly 19.3 million tokens—95% of the total—are still unsold, hanging over the market.
Don’t treat the Timelock as a thing of the past just because the tokens have been unlocked.
Would you buy the dip on UNI or stay away while this overhang remains? Reply 1 to buy, 2 to stay away
$UNI $BNB
Just uncovered in the group: An address that withdrew 20.32 million UNI from the Uniswap Timelock a year ago has deposited 1 million tokens into Binance in batches over the past two days, worth about $7.32 million. The key point: roughly 19.3 million tokens—95% of the total—are still unsold, hanging over the market.
Don’t treat the Timelock as a thing of the past just because the tokens have been unlocked.
Would you buy the dip on UNI or stay away while this overhang remains? Reply 1 to buy, 2 to stay away
$UNI $BNB
