$ETH After eight months of dormancy, a whale moved 365,798 UNI—worth $1.9 million—into Coinbase, taking a $1.25 million hit.

The wallet, tied to address 0xdfe696ff5443a42dd4c53be979e9de4ce6e979c6, likely bought in at a higher price, and this deposit could signal a sell-off or a shift in strategy.

Posts on X flagged this earlier today, April 7, 2025, noting the loss as UNI’s market softened. It’s a hefty dent, suggesting the whale’s timing didn’t quite pan out.

What do you think this move says about the whale’s next steps—cutting losses or repositioning?