Data: 490,000 UNI transferred out from Uniswap's time lock and deposited into CEX in nearly 5 hours, possibly for sale
According to on-chain analyst Yu Jing, of the 27.9 million UNI transferred out from Uniswap's time-locked contract seven days ago (March 21), another 490,000 UNI flowed into CEX in the past five hours.
Of the unlocked UNI, 1.24 million (worth $8.22 million) have entered CEX in just over a day. Since entering CEX, the price performance of UNI has been -6.5%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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