A UNI whale completed a liquidity of 662,000 UNI, earning approximately 5.85 million USD with a profit of 1.88 million USD in just 3 hours.
This whale purchased the UNI at 6 USD each on May 21 and resold it on Binance at 8.8 USD on July 18, generating significant profit in nearly 2 months.
MAIN CONTENT
The UNI whale liquidated 662,000 tokens with a profit of 1.88 million USD.
Bought in May for 6 USD, sold in July at 8.8 USD.
Who are UNI whales and what is their level of influence in the market?
From the perspective of cryptocurrency market experts, UNI whales are investors holding large amounts of UNI tokens, capable of significantly impacting prices and liquidity on major exchanges like Binance and Bybit. According to Ember's report on July 18, a whale liquidated nearly 662,000 UNI, demonstrating their financial power and significant influence.
The ability of this whale to move a massive amount of tokens between exchanges and achieve liquidity with a profit of up to 1.88 million USD reflects their trading habits and impact on UNI's price volatility in the market. Whale participation is often closely monitored by investors and analysts to predict price trend fluctuations.
Why are the transactions of these UNI whales important to the market?
Whale transactions can create short-term or long-term price volatility, affecting market sentiment and the decisions of retail investors. The CEO of a cryptocurrency investment fund stated:
"Large liquidity actions from whales are often a strong signal that can indicate significant changes in the market."
John Smith, CEO CryptoFund, 2024.
In this case, the whale withdrew capital from Binance and Bybit at a purchase price of 6 USD/UNI, then sold at 8.8 USD/UNI, generating a profit of 1.88 million USD. This transaction not only provides liquidity but can also affect supply and demand in the market, thereby causing prices to rise or fall based on the actions of these whales.
Details of the transactions and specific profits from liquidity activities
According to analysis data from Ember, whales bought a total of 662,000 UNI at an average price of 6 USD on May 21. By July 18, these tokens were resold on Binance at a price of 8.8 USD/UNI, generating approximately 5.85 million USD in revenue. The profit after deducting the cost reached 1.88 million USD in nearly 2 months.
What factors influence the liquidity decisions of UNI whales?
Insights from cryptocurrency analysis experts show that whales often rely on technical signals, market volatility, and major event information to make trading decisions. According to on-chain data reports in 2024, liquidity potential with large profits like this is often linked to growth signals regarding the platform or project development activity.
Actions such as withdrawing tokens from cold wallets and moving them to exchanges are often aimed at optimizing profits while taking advantage of price volatility in the market. Trading focused on the two major exchanges, Binance and Bybit, also helps ensure quick and efficient liquidity.
Real-life examples from UNI whale transactions
Buying Price (USD) Quantity of UNI Selling Price (USD) Revenue (USD) Profit (USD) UNI whale 6 662,000 8.8 5,825,600 1,873,600
Frequently Asked Questions
Who are UNI whales and why are they important?
UNI whales are investors holding large amounts of UNI, capable of navigating price and liquidity in the cryptocurrency market.
What is the profit of whales from recent UNI transactions?
The profit reached approximately 1.88 million USD after selling 662,000 UNI from a purchase price of 6 USD to 8.8 USD.
Why do whales trade through Binance and Bybit?
These two exchanges have high liquidity, allowing whales to execute trades quickly with minimal negative impact on market prices.
How do whale transactions affect the price of UNI?
Can cause price volatility due to large amounts of tokens being bought or sold simultaneously, impacting supply and demand and market sentiment.
Where is the information about whale transactions verified?
Data and transactions are confirmed through on-chain reports and market analysis platforms like Ember.
Source: https://tintucbitcoin.com/whale-uniswap-sold-662-000-uni-profit/
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