Uniswap time lock contract releases 27.9 million UNI, some of which has been transferred to CEX
2025-03-27 01:57:39
According to Ember monitoring, the Uniswap time lock contract released 27.90 million UNI (about $192 million) to two addresses 5 days ago. Of these, 750,000 UNI (about $5.02 million) was transferred to Binance 6 hours ago.
Ember analysis, such a large amount of unlocked tokens into the exchange usually indicates a potential selling pressure. The current UNI circulation of about 740 million, the release accounted for 3.77%. Uniswap Foundation previously said that such unlocked funds are mainly used for ecological development and community incentives.
Ember analysis, such a large amount of unlocked tokens into the exchange usually indicates a potential selling pressure. The current UNI circulation of about 740 million, the release accounted for 3.77%. Uniswap Foundation previously said that such unlocked funds are mainly used for ecological development and community incentives.
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