PANews reported on December 10th that, according to on-chain analyst Yu Jin, a month ago, after Uniswap's founder released a "fee and burn proposal" that caused UNI to surge by 46%, he transferred 2.818 million UNI (US$27.08 million) to an institutional address on a CEX at a price of US$9.6. Today, four hours ago, he withdrew 823,000 UNI (US$4.73 million) from Binance and Bybit. Is this a case of buying low and selling high?: The price when they last transferred into the CEX was $9.6, and the gains driven by the "fee and burn proposal" have long since fallen back. The price when they withdrew today was $5.7.PANews reported on December 10th that, according to on-chain analyst Yu Jin, a month ago, after Uniswap's founder released a "fee and burn proposal" that caused UNI to surge by 46%, he transferred 2.818 million UNI (US$27.08 million) to an institutional address on a CEX at a price of US$9.6. Today, four hours ago, he withdrew 823,000 UNI (US$4.73 million) from Binance and Bybit. Is this a case of buying low and selling high?: The price when they last transferred into the CEX was $9.6, and the gains driven by the "fee and burn proposal" have long since fallen back. The price when they withdrew today was $5.7.
An institutional address withdrew $4.73 million worth of UNI tokens from a CEX today.
Per feedback o dubbi su questo contenuto, contattateci all'indirizzo crypto.news@mexc.com.
PANews reported on December 10th that, according to on-chain analyst Yu Jin, a month ago, after Uniswap's founder released a "fee and burn proposal" that caused UNI to surge by 46%, he transferred 2.818 million UNI (US$27.08 million) to an institutional address on a CEX at a price of US$9.6. Today, four hours ago, he withdrew 823,000 UNI (US$4.73 million) from Binance and Bybit.
Is this a case of buying low and selling high?: The price when they last transferred into the CEX was $9.6, and the gains driven by the "fee and burn proposal" have long since fallen back. The price when they withdrew today was $5.7.
Opportunità di mercato
Valore 4 (4)
$0.011367
$0.011367$0.011367
USD
Grafico dei prezzi in tempo reale di 4 (4)
Disclaimer: gli articoli ripubblicati su questo sito provengono da piattaforme pubbliche e sono forniti esclusivamente a scopo informativo. Non riflettono necessariamente le opinioni di MEXC. Tutti i diritti rimangono agli autori originali. Se ritieni che un contenuto violi i diritti di terze parti, contatta crypto.news@mexc.com per la rimozione. MEXC non fornisce alcuna garanzia in merito all'accuratezza, completezza o tempestività del contenuto e non è responsabile per eventuali azioni intraprese sulla base delle informazioni fornite. Il contenuto non costituisce consulenza finanziaria, legale o professionale di altro tipo, né deve essere considerato una raccomandazione o un'approvazione da parte di MEXC.
Potrebbe anche piacerti
ConfluxCapital Launches Mobile App Aimed at Generating Income for BTC and XRP Investors
UK-based ConfluxCapital recently launched a new mobile application designed for users of quantitative strategies. The platform focuses on providing quantitative
Condividi
Techbullion2026/03/28 10:50
Trump mocked after floating new name for Strait of Hormuz
President Donald Trump is facing mockery after floating the idea of renaming the Strait of Hormuz, one of the world’s most important shipping lanes, after himself
Condividi
Rawstory2026/03/28 11:44
Alarming 8-Day Streak Hits U.S. Crypto Market
The post Alarming 8-Day Streak Hits U.S. Crypto Market appeared on BitcoinEthereumNews.com. U.S. financial markets witnessed a concerning trend on March 27, 2025
Condividi
BitcoinEthereumNews2026/03/28 10:52
