# Wallet Transfers $2.88 Million in UNI and PEPE to Gate After Five Hours

By Enna Lee

Canonical URL: https://www.tokenpost.com/news/investing/44277
Published: 2026-10-30T04:58:12.000Z
Updated: 2026-10-30T04:58:12.000Z
Section: Investing

> The wallet acquired 297.9 billion PEPE and 208,000 UNI for $2.61 million before transferring both assets to Gate.

A wallet identified as wenyu8888888 transferred tokens valued at $2.88 million to Gate about five hours after buying them for $2.61 million, a roughly $270,000 increase in reported value.

The address, 0x79E...8bcAd, bought 297.9 billion PEPE and 208,000 Uniswap (UNI) tokens. On-chain analyst 余烬 tracked the wallet activity and described the purchases as following a market decline amid panic after hacker selling.

The $2.88 million figure was the tokens’ valuation at the time of the Gate transfer. Based on the rounded totals, that value was about 10% above the reported purchase cost.