Uniswap: Five Wallets Withdraw $20.78M UNI From Coinbase
Five addresses withdrew 3.102 million UNI worth $20.78 million from Coinbase over seven hours at an average $6.7, with four showing near-identical timing and amounts before transfers or sales began.
SourceAnalysis
Uniswap saw five addresses pull 3.102 million UNI from Coinbase in the past seven hours for a total $20.78 million at an average $6.7, with four wallets executing near-identical timed withdrawals.
Receiving addresses have already begun transferring or selling the tokens, prompting ongoing on-chain monitoring from observers.
Price action on the 4h chart shows UNI at $6.74 inside the Bollinger Bands with upper resistance at $7.26 and lower support at $6.66, while the EMA50 at $7.02 and EMA200 at $7.47 define the bearish structure and the MACD death cross at -0.08 reinforces downside momentum despite neutral RSI at 40.68.
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