According to @EmberCN, a Uniswap team/investor/advisor address that has been transferring UNI to Coinbase Prime recently transferred 1.189 million UNI (about 9.12 million US dollars) to Coinbase Prime 2 hours ago. This address has transferred a total of 7.168 million UNI (about 58.51 million US dollars) to Coinbase Prime in the past 23 days. The 9 million UNI obtained by this address from the Uniswap team/investor/advisor token distribution contract in September 2020 has now been almost sold out, with only 1.831 million (about 14.04 million US dollars) remaining. It is expected that there will be 1 to 2 more sales to clear the position.
Uniswap Labs associated addresses transferred 1,189,000 UNI to Coinbase Prime.
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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