Data: An institution's address withdrew UNI tokens worth 4.73 million USD from CEX today
According to on-chain analyst Yu Jin's monitoring, a month ago, after the Uniswap founder released the "Fee and Burn Proposal," which caused UNI to surge by 46%, 2.818 million UNI (27.08 million USD) were transferred to a CEX institutional address at a price of 9.6 USD. Today, 4 hours ago, 823,000 UNI (4.73 million USD) were withdrawn from Binance and Bybit.
Is this high selling and low buying? The price when they last transferred to CEX was 9.6 USD, and the increase due to the "Fee and Burn Proposal" has already fallen back; the price at the time of withdrawal today was 5.7 USD.




