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Whale Withdraws 600,005 UNI From Binance, Builds 1.29M Position

The address has accumulated nearly $9.6 million worth of UNI since Oct. 11, with an average withdrawal price of $7.42.

Mentioned assets
Metal token cases arranged beside a secure vault door / TokenPost.ai
Metal token cases arranged beside a secure vault door / TokenPost.ai

A whale address withdrew 600,005 Uniswap (UNI) tokens from Binance, bringing its accumulated position to 1,292,895 UNI since Oct. 11.

The latest withdrawal was valued at about $4.28 million. The address has accumulated its holdings at an average withdrawal price of $7.42, putting the total position at roughly $9.596 million.

The position currently carries an unrealized loss of about $300,000. The transactions represent continued accumulation of UNI by an address that began building its position on Oct. 11.

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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