on-chain movement

Uniswap investor moves $12.9M in UNI – Will $9 support hold?

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1News media
1Pieces
Published
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1 new report
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DeFi

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.

Key claims & sources

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A large wallet moved 1.37 million UNI through an intermediary address to Wintermute’s hot wallet on Sept. 28.
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The transfer involved 1.37 million UNI and was valued at about $12.83 million.
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An early investor moved 1.37 million UNI worth about $12.9 million to Wintermute.
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One piece places the transfer amid a market pullback.

What it means

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.

Market reaction i

UniswapUNI the event is about this asset
first headline
-1.9% 2 h before
-2.8% 4 h after
$9.16price at publication
12data points

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Sep 29 04:00
AMBCrypto scoop
Breaks the event: $12.9M