Uniswap team's likely address moves $9.62 million UNI to Coinbase Prime in 3 hours

IconCryptoNewsTerminal Staff12 Jul, 2024

cryptonews.jpg

Uniswap team's likely address moves $9.62 million UNI to Coinbase Prime in 3 hours

Uniswap ($UNI) team's estimated address deposited 1.19 million $UNI tokens, worth $9.62 million, to Coinbase Prime just three hours ago. An on-chain data analytics platform, Amberdata reported this transaction via Twitter. The address, which Amberdata believes "likely belongs to the Uniswap team or to an investor/advisor," received 9 million UNI from the Uniswap token distribution address in September 2020. Over the past nine days, the address has deposited a total of 3.55 million UNI ($29.82 million) to Coinbase Prime. Currently, the address holds 5.45 million UNI ($44.24 million).