Arkham data shows that a whale transferred 1.37 million UNI, worth about $12.83 million, to Wintermute’s hot wallet through an intermediary address on Sept. 28. BlockBeats said the move may indicate an over-the-counter position reduction. The address had previously withdrawn UNI from Coinbase Prime, then sent out the 1.37 million tokens at 11:00. Roughly five minutes later, the funds were consolidated into Wintermute. The wallet involved in the transfer was identified as 0x47c979286d5a701d47b87aecb15f919eeaba2b8e. No further details on the transaction purpose were disclosed in the report.
According to BlockBeats on Sept. 28, Arkham monitoring shows that a whale transferred 1.37 million UNI to Wintermute’s hot wallet through an intermediary address. The tokens were valued at about $12.83 million, and the move was described as a suspected over-the-counter position reduction.
On-chain data cited in the report shows that the address had previously withdrawn UNI from Coinbase Prime. At 11:00, it sent out the 1.37 million UNI, and about five minutes later the tokens were consolidated into Wintermute.
The address involved was 0x47c979286d5a701d47b87aecb15f919eeaba2b8e.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.