TREE NEWS reports: A large UNI holder sold 600,000 UNI tokens through multiple swaps for about 5.1 million USDT. The same address also deposited 100,000 UNI, worth roughly $844,000, to the crypto exchange OKX, suggesting it may continue selling. The transactions were flagged on September 18.
UNI Whale Sells 600,000 Tokens for $5.1M USDT, Deposits 100K UNI to OKX
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AI take
A single address moving 600,000 UNI through swaps and then routing another 100,000 to OKX points to staged distribution rather than a one-off exit. The OKX deposit matters more than the swaps: exchange inflows are the visible precursor to sell pressure, so this is a supply-side signal for UNI specifically, not a broad market event. The open question is whether other large holders mirror the move or treat it as isolated profit-taking.
Generated by AI for reference only.
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