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Wallet Deposits 654,288 Uniswap Tokens Worth $5.96 Million to Coinbase
The tokens were withdrawn between Sept. 3 and Oct. 1 at an average price of $7.16. A sale would imply a reported gain of $1.27 million, or more than 27.23%.
Mentioned assets
A wallet deposited 654,288 Uniswap (UNI) tokens, valued at $5.96 million, to Coinbase, with a sale potentially locking in an estimated $1.27 million profit on the position.
The tokens were withdrawn between Sept. 3 and Oct. 1 at an average price of $7.16 each. Selling at the reported deposit value would represent a return of more than 27.23%, based on the reported figures.
The profit estimate is conditional: the deposit alone does not establish that the tokens were sold.
Enna Lee
ReporterEnna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.