A UNI investor transferred 2.5 million UNI to the Wintermute address today, suspected of preparing to sell.
according to analyst Yu Jin's monitoring, a whale who received 30 million UNI investment allocation in 2020 transferred 1.882 million UNI (approximately $11.61 million) to Wintermute six days ago, and today transferred 2.5 million UNI (approximately $15.75 million) to the same address, suspected to be preparing to continue selling. The address still holds approximately 24.9 million UNI (worth $149 million).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
DeFi Perps Volume Hits $1T in October Record
DeFi perpetuals trading volume hits a historic $1 trillion in October, led by Hyperliquid, Lighter, and Aster.Hyperliquid, Lighter, and Aster Dominate the MarketWhy This Matters for Crypto Markets
Bitcoin Options Open Interest Hits Record $63B
Bitcoin options open interest hits an all-time high of $63B, with investors betting on higher prices, says CoinGlass.What Does This Mean for the Market?A Sign of Strength in Crypto Derivatives
VIPBitget VIP Weekly Research Insights
After the largest liquidation in history on October 11, market liquidity took a severe hit, with reports suggesting that many mid- and long-tail market makers suffered heavy losses. Consequently, it may take considerable time for liquidity conditions to normalize. The mass liquidation was primarily triggered by Trump's announcement of a 100% tariff hike on China, followed by a chain reaction from the USDe depegging incident. As a result, the market has likely entered oversold territory.
Surprise Altcoin Launches Major Buyback Program! Announces Radical Change!
Trending news
MoreCrypto prices
More
