But now seeing Amber Group suddenly transfer 1.392 million UNI (almost 10.98 million USD) to exchange #coinbase , it is highly likely they are preparing to cash out or reduce their positions.
#大户 wants to secure profits.
As soon as the positive news from Uniswap came out, the coin price skyrocketed, and institutions like #AmberGroup directly transferred a large amount of $UNI to the exchange, usually intending to cash out while the market is hot. After all, with so much money at hand, why wait to cash out?
Institutional actions reflect differences in opinion.
Although the policy is favorable, the wealthy running first indicates they are not so optimistic about the future market, fearing that the favorable news may turn into a 'sell the news' situation, and the high point of the coin price may be the opportunity to offload.
Ordinary investors need to see through the tricks.
You might see the news and think the prospects are bright, but behind the scenes #聪明钱 is already preparing to run.
With the positive news driving up the coin price, large holders take the opportunity to sell on the exchange, while retail investors are still dreaming of future gains. In reality, institutions have already started cashing in on profits. In such a market, don't be too impulsive, or you might easily get cut.
