COINOTAG News, November 20, citing Onchain Lens, reports that a five-year long-term holder transferred 512,440 UNI tokens into Binance, a move valued at about $3.64 million.
This on-chain action follows a prior withdrawal of the same UNI from Binance when the position was valued at roughly $15.34 million, indicating an implied unrealized loss of about $11.7 million as market prices shifted.
The activity highlights the influence of crypto whales on Uniswap token liquidity and demonstrates the value of real-time on-chain analytics for risk assessment, with Onchain Lens data informing market participants on notable UNI token flows.