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A whale on Hyperliquid front-ran UNI, currently boasting a floating APY of over 50%

BlockBeats News, December 18th, according to HyperInsight monitoring, possibly influenced by Binance's dual-coin investment addition, UNI experienced a short-term surge of 10%, now trading at $5.28. The whale address on Hyperliquid starting with 0x413c has unrealized gains of over 50%, with the current position size approximately $1.18 million at an average price of $4.99. This address opened a 10x leveraged long position on UNI at midnight yesterday and has been continuously adding to the position as of 4 hours ago.


Furthermore, according to monitoring, the largest UNI short position held by the "Shanzhai Short Army Vanguard" significantly reduced its UNI short position by over 30% at 13:00 yesterday, with the current position size around $3.38 million and unrealized gains of $1.39 million (410%).

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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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