💥 Billion-Level Dream Shattered? UNI Whale's "Desperate Survival" Fire Sale!
On-chain data shows that an early large holder of UNI just transferred 9 million UNI (worth about $63.81 million) to an exchange, suspected of liquidating their position.
The address originated from the project's early distribution and has held the tokens for 5 years. At UNI's peak, the holding was valued at over $400 million, but has since shrunk by more than $336 million, forcing a low-position profit-taking, which is quite lamentable.
Currently, the price of UNI has dropped over 84% from its historical high, and this sell-off is seen as a reflection of the "collapse of the old investor's faith" —
Not enough pattern, reality comes to meet.
Reminder: Whale movements often indicate changes in market sentiment, be cautious of subsequent price volatility risks.