This Altcoin Foundation Sent Millions of Dollars of Tokens to Cryptocurrency Exchanges!

Uniswap Foundationa total of $9.8 million in the last six days, equivalent to approximately $40.66 million. UNI made the transfer. These transactions are the foundation’s leading cryptocurrency It is seen as a strategic move to diversify its assets in stock markets.

Uniswap Foundation Launches Massive UNI Transfers to Leading Exchanges

Distribution of Transfers:

Uniswap Foundation allocated a significant portion of the transferred UNI, 3.4 million tokens with an estimated market value of $14.1 million, to cryptocurrency exchange OKX.

Another significant transfer was directed to Kraken, one of the leading cryptocurrency exchanges. Uniswap Foundation transferred 3 million UNI tokens worth approximately $12.45 million to Kraken’s platform.

FalconX $3.4 Million UNI (Approx. $14.1 Million):

A significant portion of the transferred UNI, equivalent to 3.4 million tokens with an estimated market value of $14.1 million, was directed to FalconX, a leading player in the cryptocurrency exchange space.

Uniswap Foundation has transferred out a total of 9.8M $UNI($40.66M) in the past 6 days.

3.4M $UNI($14.1M) was deposited to #OKX;

3M $UNI ($12.45M) was deposited to #kraken;

3.4M $UNI ($14.1M) was transferred to #FalconX.https://t.co/uHuPHgJui0 pic.twitter.com/eZEfPGUFkH

— Lookonchain (@lookonchain) October 29, 2023

These strategic transfers reflect Uniswap Foundation’s determined effort to optimize its assets and increase liquidity on these established exchanges.

Uniswap Foundation’s decision to diversify its assets among such reputable platforms underscores the trust in these exchanges and underlines the foundation’s commitment to promoting a robust and dynamic crypto ecosystem.

*This is not investment advice.