Markets· ★★· bearish·

Trader moves 1.79M UNI to Binance, facing nearly $3M loss

  • —Transfer size: 1.79 million UNI worth about $13.18 million
  • —Average purchase price a year ago: around $9 per UNI
  • —Potential loss if sold: nearly $3 million
  • —Position briefly broke even days ago but was not sold
Why it matters: A large exchange deposit can add selling pressure on UNI amid a weak market.
Source: PANews