Blockchain data shows that the altcoin, which has gained more than 50% in value in a month, may experience a selling pressure.
Blockchain analysis platform Lookonchain has identified some Unifi Protocol DAO (UNFI) token investors. against the operations of whales he warned.
According to CoinGecko data, UNFI has increased by 61% in the last 30 days; gained 11% in the last 24 hours and to $10.87 rose.
blockchain to your data According to an investor earlier today, He withdrew 200,049 UNFI ($2.1 million) from his Binance account.
UNFI wallets on Binance were especially active between August 24 and September 6. Three wallets in total from Binance in this range 1.82 million UNFI attracted and price increased by 135%.
In the account of one of these whales still There are 750,000 UNFIs and their unrealized profit of approximately $4.22 million It is measured as .
When other wallets join in, whales approximately 7.4 million dollars It is stated that there is unrealized profit. In Lookonchain’s post, “There is a gain of approximately $7.4 million at the current price and they could sell UNFI at any time to make a profit.” emphasis was made.