List of Flash News about UNI price impact
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00:43 |
Uniswap UNI Whale Transfers 9 Million Tokens ($47.07M) to Coinbase Prime: Implications for UNI Price
According to EmberCN on Twitter, an investor or institutional address that received 9 million UNI tokens from Uniswap in September 2020 has transferred the entire holding, valued at $47.07 million, to Coinbase Prime within the last hour (source: https://twitter.com/EmberCN/status/1917379248953909689). This significant on-chain movement to a centralized exchange deposit address is often interpreted by traders as a potential signal for large-scale selling pressure, which could impact UNI's short-term price action. On-chain data from Etherscan confirms the transaction (source: https://etherscan.io/token/0x1f9840a85d5af5bf1d1762f925bdaddc4201f984). Traders should monitor UNI liquidity and order book depth on Coinbase for possible volatility spikes and adjust risk parameters accordingly. |