On September 24, COINOTAG news reported, citing monitoring by AI_9684xtpa, that early investors in UNI transferred UNI tokens valued at $9.91 million to Coinbase six days ago, suggesting potential liquidation. The specified address initially acquired 9 million UNI from the Uniswap project prior to the token’s listing. Since September 13, the address has transacted approximately 3.94 million UNI, equating to around $26.93 million, to the trading platform. Currently, the address retains 5.05 million UNI. This activity highlights significant token movement by early investors, potentially impacting market perception and pricing.
Source: https://en.coinotag.com/breakingnews/uni-investors-recharge-coinbase-with-9-91m-in-uni-tokens-triggering-sell-off-speculations/