Data: A certain UNI investment institution transferred 2.818 million UNI to CEX after the proposal was published
According to ChainCatcher, on-chain analyst Yu Jin monitored that after the Uniswap founder released a proposal to activate the fee switch, a UNI investment institution (possibly Variant Fund) transferred 2.818 million UNI (worth $27.08 million) to an exchange.
Subsequently, a large amount of UNI was dispersedly transferred from one exchange to other CEXs.
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.
You may also like
There were no inflows or outflows for US spot Ethereum ETFs yesterday.
CryptoQuant CEO: If the fee switch is activated, $500 million worth of UNI will be burned annually
Midday Key Developments on November 11
Data: Bitcoin long-term holders have sold 371,584 BTC since July
