According to on-chain data, a Uniswap investor transferred a total of 9.295 million $UNI to Coinbase Prime’s hot wallet around 10:20 AM.
The total value of the tokens at the time of the transfer was approximately $33.46 million.
The investor in question had previously profited from periods of price increases in $UNI. It is stated that the investor sold during the $UNI price surge that occurred after the fee switch mechanism was implemented in the Uniswap ecosystem last November.
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