A new address spent $9.05 million to chase the rally and buy 1 million UNI tokens.

BlockBeats news, September 19, according to monitoring by Aunt Ai, a new address made its first UNI position 5 hours ago, spending approximately $9.05 million to buy 1 million UNI, with an average purchase price of about $9.05.

Currently, the UNI price is about $9.14. This address's position building occurred after UNI's recent sharp rise, with a gain of 145% over the past month.

On the news front, Robinhood's meme market trends and the SEC's recent push for compliant on-chain U.S. stock trading rules are considered among the background factors behind UNI's recent rise.