Whale Transfer: 4 Million USDC to Kraken and $4 Million UNI Withdrawal Amid AAVE and UNI Accumulation Surge

On November 19th, COINOTAG reported that a significant whale transaction was recorded, wherein an institution transferred 4 million USDC to the Kraken exchange. In conjunction with this movement, they subsequently withdrew approximately 437,000 UNI, equating to a valuation of $4 million. This entity has been strategically accumulating AAVE and UNI assets via the Wintermute or Kraken platforms since 2023. Notably, they have amassed 142,000 AAVE at an average entry price of $82.05, resulting in an unrealized profit of around $12.28 million, representing a substantial return of 105%. Additionally, their position in UNI includes 2,248,000 tokens obtained at an average cost of $6.91, currently reflecting an unrealized profit of $5.03 million and an increase of 32%.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.