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A whale sells 402,875 UNIs on the chain for $2.75 million

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2024-04-17 09:50:50
According to on-chain analyst Ember Monitoring, nine hours ago, a whale sold 402,875 UNI (2.75 million USD) on-chain for $6.83. The whale hoarded 402,875 UNI at 2023/10-2024/1 by extracting from Mexc + buying on-chain, with an average price of 6.2 dollars. Now sold at 6.83 dollars, with a profit of $0.25M (+ 10%). The recent market decline is superimposed by the US SEC's Wells notice to Uniswap. The price of UNI has fallen by 49% (11.6 dollars → 5.9 dollars) at most in the most recent week.