Whale Moves: $3.91 Million UNI Deposit to Binance Marks First Sell in Three Years

COINOTAG reported on December 8th that a notable cryptocurrency whale, identified via monitoring by @ai_9684xtpa, has made a significant move in the decentralized governance token market. This investor, who has accumulated a total of 546,000 UNI tokens through systematic ladder buying over the last three years, has just deposited $3.91 million worth of UNI into Binance. The acquisition was made at an average cost basis of $7.54 per token. Should this whale choose to liquidate their holdings now, it would realize a profit of approximately $2.35 million. Notably, this transaction marks the first instance of selling or depositing linked to this specific wallet address since its accumulation began, and it continues to hold $6.5 million in UNI, underscoring a sustained commitment to the token’s potential.