Uniswap Whale: Sells 429K UNI for $320K Profit

Uniswap whale dumped 429,000 UNI tokens on-chain for 929.3 ETH worth $1.75 million, locking in $320,000 profit after purchasing 629,000 UNI at $3.34 average during June and July.

The address sold at $4.09 average as UNI rebounded from the $2.4 low toward $4.4, converting holdings into ETH via OKX liquidity.

Price action on the 4h chart shows UNI at $4.03 inside the Bollinger Bands with upper resistance at $4.19 and lower support at $3.74; the EMA50 at $4.0 acts as immediate support while the EMA200 at $3.69 anchors the longer-term bullish structure, and the MACD golden cross combined with neutral RSI at 51.14 suggests continuation toward the upper band before any healthy pullback to the 50-EMA.