Uniswap Team-linked Wallet Resumes UNI Transfers to Coinbase Prime
5 hours ago, a wallet linked to Uniswap's Team/Investor/Advisor — 0xa7e2067268901e118bbe0c132c17959c9ab929b6 — deposited 1.45M UNI tokens, valued at $9.91M, to Coinbase Prime.
Key Highlights:
This wallet originally received 9M UNI from Uniswap on September 17, 2020, when UNI was priced at $3.44.In the past 10 days, this wallet has sent a total of 3.945M UNI to Coinbase Prime via 3 transactions at an average price of $6.824 (totaling $26.9M).After this latest transfer, the wallet still holds 5.05M UNI worth $34.58M.
Implications:
The regular deposits to Coinbase Prime suggest potential planned sales or liquidity needs. It's worth keeping an eye on this wallet for future movements, as large token sales can influence the UNI market price.
