Previously suspected large-scale cash out UNI institutional address withdrew 823,000 UNI from CEX 4 hours ago

BlockBeats News, December 10th. According to on-chain analyst Wu Jinyan's monitoring, one month ago, after Uniswap's founder proposed the "Fee and Burn Proposal," causing UNI to surge by 46%, 2.818 million UNI (27.08 million US dollars) was transferred to a CEX institutional address at a price of 9.6 US dollars. Today, 4 hours ago, 823,000 UNI (4.73 million US dollars) was withdrawn from Binance and Bybit.

The price when they transferred to CEX last time was 9.6 US dollars. The price had already retraced from the surge caused by the "Fee and Burn Proposal." The price at the time of withdrawal today was 5.7 US dollars.