Uniswap-Related Wallet Moves $9.63M in UNI to Coinbase Prime!
A wallet linked to the Uniswap team, investor, or advisor, has made another significant transfer of UNI tokens. This time, the wallet transferred 1.19M $UNI (worth $9.63M) to Coinbase Prime:
Transaction: 0x6cf46f70349bc5c50a720a95281300be8311c7d544f4f74268a19b15a3fd846c
Address: 0x63b53181bdc48a9fbf1d23d461d3cfd82b0abc83
Key Observations:
Initial Allocation: The wallet received 9M UNI from Uniswap's team/investor/advisor token distribution address in September 2020.
Previous Transfer: Nine days ago, the wallet deposited 2.36M UNI (worth $20.2M) to Coinbase Prime at an average price of $8.562. This amount was then absorbed by 12 wallets, likely as part of an OTC deal, yet the price dropped by around 20%.
Recent Absorption: After the recent transfer, three wallets absorbed and withdrew 1.11M UNI from Coinbase Prime at an average price of $8.076 (worth $8.97M).
Currently, the wallet 0x63b holds 5.45M UNI ($44M).
Stay tuned for more updates on major market movements and activities involving significant players in the crypto space!
