According to @EmberCN, a substantial transfer of 2.861 million UNI tokens, equivalent to $26.6 million, was observed moving from Galaxy Digital to Binance over the past four days, suggesting potential institutional selling of UNI.

According to @lookonchain, Ceffu has deposited 3,568 BTC, valued at $211.6 million, to Binance since July 31. Ceffu, which provides custody and liquidity solutions for institutions, suggests that these deposits might indicate institutional selling of BTC.