Unification Proposal Front-Runs UNI Whale Bets $12.68M from Coinbase

BlockBeats News, December 24th, according to on-chain analyst Ai Auntie (@ai_9684xtpa) monitoring, the Unification proposal (initiating the fee switch) was submitted, and the whale/institution that staked UNI before continued to accumulate UNI.

In the past 6 hours, they once again withdrew 2,179,487 UNI from Coinbase, worth $12.68 million; as of now, the address has accumulated 3.629 million tokens ($20.02 million), with an average withdrawal price of $5.51, realizing a profit of $740,000.

At the same time, there is also a possibility that this address belongs to Coinbase and is just wallet management.