đš $UNI WHALE DEPOSITS 1.79M TOKENS ON EXCHANGE FACING A $3.17M LOSS! đŠ
On-chain data reveals a major institutional wallet web3vc just unstaked 1.793 million $UNI worth $13.18 million from Venus Protocol and routed it straight to a top-tier exchange. đ Having accumulated these tokens at an average cost of $9.12 last year, this strategic position is currently underwater by roughly $3.17 million.
đ While large exchange deposits often precede sell-side pressure and localized liquidity sweeps, smart money entities occasionally transfer assets to manage collateral or pivot structural exposure. đĄ Depth charts could experience friction if market orders absorb this supply overhang. đ€ Do you expect bids to absorb this liquidity transfer or will market structure breakdown? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #UNI #DeFi #WhaleAlert #Crypto
đŠ đ
On-chain data reveals a major institutional wallet web3vc just unstaked 1.793 million $UNI worth $13.18 million from Venus Protocol and routed it straight to a top-tier exchange. đ Having accumulated these tokens at an average cost of $9.12 last year, this strategic position is currently underwater by roughly $3.17 million.
đ While large exchange deposits often precede sell-side pressure and localized liquidity sweeps, smart money entities occasionally transfer assets to manage collateral or pivot structural exposure. đĄ Depth charts could experience friction if market orders absorb this supply overhang. đ€ Do you expect bids to absorb this liquidity transfer or will market structure breakdown? đ
â ïž Not financial advice. Always manage your risk. đĄïž
đ·ïž #UNI #DeFi #WhaleAlert #Crypto
đŠ đ