According to LookIntoChain’s on-chain monitoring, the address 0xb5E4 has transferred 823,368 UNI from centralized venues, moving off Binance and Bybit in the last five hours, totaling about $4.72 million in value. The wallet’s balance now sits at 1.61 million UNI, roughly $9.1 million.

This on-chain activity signals a pronounced liquidity stance for the UNI token, with a substantial stake concentrated in a single address. Market participants should monitor any further moves on Binance and Bybit as part of the evolving UNI liquidity narrative.