On November 19th, COINOTAG reported that a significant whale transaction was recorded, wherein an institution transferred 4 million USDC to the Kraken exchange. In conjunction with this movement, they subsequently withdrew approximately 437,000 UNI, equating to a valuation of $4 million. This entity has been strategically accumulating AAVE and UNI assets via the Wintermute or Kraken platforms since 2023. Notably, they have amassed 142,000 AAVE at an average entry price of $82.05, resulting in an unrealized profit of around $12.28 million, representing a substantial return of 105%. Additionally, their position in UNI includes 2,248,000 tokens obtained at an average cost of $6.91, currently reflecting an unrealized profit of $5.03 million and an increase of 32%.
Source: https://en.coinotag.com/breakingnews/whale-transfer-4-million-usdc-to-kraken-and-4-million-uni-withdrawal-amid-aave-and-uni-accumulation-surge/