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A certain whale address sold 1 million UNI tokens over the past two days.

BlockBeats news, November 6th, according to Lookonchain monitoring, a whale address has sold 1 million UNI (worth $7.32 million) in the past two days. More than a year ago, this whale received 20.32 million UNI (then worth $139.4 million) from Uniswap's UNI Timelock wallet.

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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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