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Uniswap (UNI) Down 1.20% After Whale Decides To Take Profit

Published 01/08/2023, 14:06
Updated 01/08/2023, 14:45
Uniswap (UNI) Down 1.20% After Whale Decides To Take Profit
UNIs/USD
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  • Lookonchain tweeted that a whale deposited 200K UNI to OKX this morning to take profit.
  • Over the past 24 hours, the price of UNI fell by 1.20%, which left the crypto trading at $6.44.
  • UNI was attempting to overcome the resistance level at $6.680 at press time.

A whale by the name of stevu.eth deposited 200K Uniswap (UNI) to the cryptocurrency exchange OKX to take profits, according to a tweet posted earlier today by the on-chain analytics platform Lookonchain. On Saturday, this whale withdrew 500,545 UNI, worth approximately $2.46 million, from OKX when the price of the altcoin stood at $4.92.

Lookonchain also pointed out that, based on the current price of UNI, the whale’s latest move earned him an estimated profit of $764K. It is worth keeping in mind that this whale still holds more than 300K UNI, worth about $1.94…

The post Uniswap (UNI) Down 1.20% After Whale Decides To Take Profit appeared first on Coin Edition.

The post Uniswap (UNI) Down 1.20% After Whale Decides To Take Profit appeared first on Coin Edition.

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