On-chain analytics platform Lookonchain said a whale wallet, 0x7541, accumulated 1.97 million UNI between February and March 2025 at an average purchase price of $8.97. The total cost of the position was about $17.67 million. During the holding period, the wallet’s unrealized loss at one point reached as much as $13 million. With UNI recovering in price, the position has now moved back into the black. Lookonchain said the wallet is currently sitting on an unrealized profit of about $293,000. The update highlights a sharp turnaround in the whale’s position, from deep paper losses to a modest gain, based on the latest on-chain tracking shared by the platform on Sept. 18.
On Sept. 18, on-chain analytics platform Lookonchain said whale address 0x7541 bought 1.97 million UNI between February and March 2025 at an average price of $8.97, spending about $17.67 million in total.
According to Lookonchain, the position’s unrealized loss once widened to as much as $13 million during the holding period. As UNI rebounded, the wallet has now returned to profit, with unrealized gains of about $293,000.
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