Amber Group's 358,000 UNI withdrawal has now made a profit of $200,000

BlockBeats news, on August 12, according to on-chain analyst AI Yi @ai_9684xtpa, Amber Group recently withdrew 358,000 UNI from CEX and has now made a profit of $200,000, with a withdrawal price of $10.64 and a current price of $11.2.

In response, AI Yi said, 'Amber built a position in UNI yesterday morning, and by evening there was good news about the fee switch; everything makes sense now.'

BlockBeats reported earlier today that the Uniswap Foundation recently proposed to establish a new legal entity named 'DUNI' under the legal framework of a 'Decentralized Non-Profit Association (DUNA)' in Wyoming for its governance organization, paving the way for the fee switch.