On-chain data, Ethereum (ETH)’s largest decentralized exchange Uniswap It shows that the firm behind (UNI) has sent over $40 million in assets to various crypto exchanges.
First, blockchain tracking firm Lookonchain by The identified Uniswap Foundation suddenly moved millions of UNI tokens to OKX, Kraken and FalconX crypto exchanges last week.
Uniswap Foundation transferred a total of 9.8 million UNI ($40.66 million) in the last six days.
3.4 million UNI ($14.1 million) invested in OKX;
NEWS CONTINUES BELOW3 million UNI ($12.45 million) invested in Kraken;
3.4 million UNI ($14.1 million) was transferred to FalconX.
NEWS CONTINUES BELOW
Since large amounts of UNI tokens are sent to crypto exchanges, they can potentially be sold on the open market.
Last week, Lookonchain reported that the Uniswap Foundation had moved millions of UNI tokens to Kraken.
Note that Uniswap Foundation transferred 6.8 million UNI ($29.16 million) to a new address and FalconX…
Uniswap Foundation dumped 3 million UNI ($13 million) through Wintermute’s Kraken deposit address after UNI rose.
The Uniswap Foundation’s move on the UNI treasury comes as the decentralized exchange governance token rebounds from a low of $3.89 last week.
Koinfinans.com As we reported, UNI is trading at $4.22 at the time of writing.
Lookonchain’s radar is also on decentralized oracle Tellor (TRB). According to the blockchain tracking firm, whales accumulated large bags of TRB as its price went vertical earlier this week.
Whales are accumulating TRB again!
2 whales withdrew 27,405 TRB ($3.18 million) from Binance…
And TRB’s price is up 15% today.
At the time of writing this news altcoinis worth $119.43, up over 18% in the last 24 hours.