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Trader Withdraws 1.79 Million UNI From Venus Protocol to Binance

The transfer involved about $13.18 million worth of Uniswap tokens and took place Saturday.

Mentioned assets
Blank metal tokens beside an open secure deposit compartment / TokenPost.ai
Blank metal tokens beside an open secure deposit compartment / TokenPost.ai

An unidentified trader withdrew 1.79 million Uniswap (UNI) tokens from Venus Protocol and deposited them into Binance, moving about $13.18 million worth of the asset onto the exchange.

The transfer took place roughly an hour before publication Saturday.

Venus Protocol is a decentralized lending platform, and Binance is a major cryptocurrency exchange.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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