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Uniswap team/investor/advisor address continued to transfer 1.219 million UNI to Coinbase Prime 1 hour ago

CointimeCointime2024/07/17 01:58
By:Cointime

According to Chain Analyst Yu Jin's monitoring, recently, the Uniswap team/investors/advisors address that has been continuously transferring UNI to Coinbase Prime transferred 1.219 million UNI (worth $9.93 million) to Coinbase Prime one hour ago.

·In the past 13 days, he has transferred a total of 4.77 million UNI (worth $39.75 million) to Coinbase Prime.

·He currently has 4.23 million UNI (worth $34.85 million) left from the 9 million UNI he obtained from the Uniswap team/investors/advisors token distribution contract in September 2020.

UNI's recent price performance has been significantly worse than other Ethereum ecosystem infrastructure tokens (MKR/AAVE/CRV, etc.), possibly due to the continuous selling pressure from the Uniswap team/investors/advisors address.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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