A wallet tracked by @lookonchain has built a large Uniswap position after previously unloading a sizable amount of Ether. According to a post cited by Techub, the address — described as a mystery wallet that had earlier sold 167,800 ETH worth about $408 million — bought 3.125 million UNI roughly one week ago at an average price of about $7.75. The purchase was valued at around $24.2 million at the time.
@lookonchain said the position is now showing an unrealized profit of about $3.8 million. The post also included on-chain data indicating that the transaction has been completed, along with the related wallet address. No additional details about the identity behind the wallet were disclosed in the source material.
Techub cited a post from @lookonchain saying that a mystery wallet, previously known for selling 167,800 ETH worth about $408 million, bought 3.125 million UNI about a week ago at an average price of roughly $7.75.
The UNI purchase was valued at about $24.2 million. Based on the figures shared by @lookonchain, the position is currently sitting on an unrealized profit of around $3.8 million.
The post also included on-chain data showing that the transaction has been completed and displayed the related wallet address.
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