Markets· ★★· bearish·

Whale deposits 654,288 UNI to Coinbase after $1.27M monthly gain

  • —654,288 UNI worth $5.96 million sent to Coinbase
  • —Tokens bought Sept. 3 – Oct. 1 at an average of $7.16
  • —Estimated monthly profit of about $1.27 million, over 27%
  • —Analyst Ai Yi linked the address to September's UNI smart money
Why it matters: A large UNI transfer to an exchange often signals profit-taking and could add selling pressure on the token.
Source: PANews