Add as a preferred source on GoogleLarge Uniswap Holder Deposits 592,895 UNI on Binance at $4.81
The deposit price was 35.2% below the wallet’s $7.42 average. A sale at that price would mean an estimated $1.546 million loss on the deposited tokens.
A large Uniswap (UNI) holder deposited 592,895 tokens on Binance at $4.81 each, below the wallet’s $7.42 average cost for its October position.
The transfer took place within the seven hours before 10:35 p.m. ET Saturday (03:35 UTC Sunday), at a deposit price of $4.81 per UNI. That is 35.2% below the wallet’s $7.42 average price. A sale at $4.81 would mean an estimated $1.546 million loss on those tokens.
The wallet invested $9.59 million in UNI during October at an average of $7.42 per token. Separately, it withdrew 1,292,895 UNI from Binance between Oct. 10 and 13, matching the position described in TokenPost’s earlier coverage of the wallet’s 1.29 million UNI accumulation.
The Binance deposit alone does not establish that a sale took place.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.