Uniswap investor moves $12.9M in UNI – Will $9 support hold?
A large wallet moved 1.37 million UNI to Wintermute’s hot wallet on Sept. 28. The transfer was valued at about $12.83 million in one account of the move and about $12.9 million in another, and one piece describes the wallet as an early investor.
What this rests on
What it means
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Wallet watchers and UNI traders would notice that a large UNI transfer reached Wintermute’s hot wallet on Sept. 28, because that is the visible on-chain movement described here. It involved 1.37 million UNI and was routed through an intermediary address, which makes the transfer traceable on chain.
Before this move, the same tokens were in a large wallet; after it, they were at Wintermute’s hot wallet. What can no longer be said is that the transfer did not happen, while what still remains is the ordinary ability for large holders to move tokens between wallets. (per ambcrypto.com)
Market reaction
How the story was built
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AMBCrypto
scoop
Where this sits in the Uniswap series
| When | What happened | Figure |
|---|---|---|
| 20 days ago | UNI a 10.08 $ high | today it sits -27.5 % from there |
| 2 days ago | UNI a 6.84 $ low | today it sits +6.9 % from there |
From what we have stored, starting 22 days ago.