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1inch team sells over 420,000 UNI tokens, making a profit of $510,000 through trading.

According to monitoring by @EmberCN, on November 24th, the 1inch team sold all 420,828 UNI tokens at an average price of $6.29 and exchanged them for 2.64 million USDC, two hours ago. Prior to this, the team had sold UNI tokens at an average price of $5.16 on November 17th and then repurchased 420,828 UNI tokens (equivalent to $2.13 million) at an average price of $5.06 on November 18th. The team made a profit of $510,000 through this trading strategy.
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Uniswap governance for the distribution of token UNI
How can I confirm whether I can receive 400 UNI?
UNI price has recently surged, mainly driven by the significant increase in Uniswap trading volume and fee revenue on the Robinhood Chain, as well as the continuous burning of UNI through the protocol fee switch, enhancing the deflationary expectations for the token.
Relying on selling tokens to raise funds for the foundation in the absence of long-term empowerment of UNI tokens undoubtedly shifts the ecological operation costs to long-term holders of UNI tokens.
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