Sleeping Whale Awakens, Deposits $14.1 Million Worth of UNI on Coinbase Cryptocurrency enthusiasts were surprised recently when an inactive whale address that had been dormant for over two years suddenly sprang back to life, sending a staggering 1.08 million UNI tokens (approximately $14.11 million) to Coinbase. This event was brought to light by Onchain Lens, a reputable on-chain analyst. The whale had amassed these UNI tokens over a period of time between February 23, 2021, and October 2, 2022, at an average purchase price of $13.83. Despite the lengthy holding period, the whale is currently sitting on an unrealized loss of $839,000. UNI is currently trading at $13.11, down 3.07%, according to CoinMarketCap. This incident serves as a reminder of the dynamic nature of the cryptocurrency market, where dormant accounts can suddenly become active and significantly impact the price of digital assets. It also highlights the growing trend of institutions and whales accumulating UNI tokens, signaling their confidence in the long-term prospects of the decentralized finance (DeFi) project.