Uniswap Whale Moves $10.4 Million Worth of UNI From Coinbase Prime

IconCryptoNewsTerminal Staff22 Aug, 2024

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Uniswap Whale Moves $10.4 Million Worth of UNI From Coinbase Prime

Uniswap (UNI) whales are on the move again. According to SpotOnChain, a Uniswap investor whale address moved 1.48 million UNI ($10.4 million) out of Coinbase Prime about two hours ago. The address currently holds 3.91 million UNI ($27.2 million). This is a significant transaction, as it represents a large amount of UNI being moved off of a major exchange. It could be a sign that the whale is planning to sell their UNI, or it could simply be a move to a different wallet. Whatever the reason, the transaction is a reminder that even the largest whales can make big moves, and that the cryptocurrency market can be volatile.