A major crypto whale or institution recently transferred 4 million USDC to Kraken, followed by a withdrawal of 437,000 UNI tokens (equivalent to $4 million) just 16 hours ago.
This entity, an early adopter of $ETH, $AAVE, and $UNI, now holds an impressive $182 million worth of these tokens, with substantial unrealized profits.
Since 2023, the whale has been strategically accumulating $AAVE and $UNI through platforms like Wintermute and Kraken. Here’s a breakdown of their acquisitions and profits:
1. $AAVE Accumulation
– Hoarded 142,000 AAVE tokens at an average price of $82.05.
– Current floating profit stands at $12.28 million, reflecting a 105% gain.
2. $UNI Accumulation
– Acquired 2.248 million UNI tokens at an average price of $6.91.
– The current floating profit is $5.03 million, representing a 32% gain.
一个巨鲸/机构将 400 万枚 USDC 转进 Kraken 后，在 16 小时前从 Kraken 提出了 43.7 万枚 UNI ($4M)。
这个巨鲸/机构从 2023 年以来持续在通过 Wintermute 或 Kraken 囤积 $AAVE 及 $UNI ：
◎囤积了 14.2 万枚 AAVE，均价 $82.05。目前浮盈 $1228 万 (+105%)；
◎囤积了 224.8 万枚 UNI，均价… pic.twitter.com/k0oD4f7mgg— 余烬 (@EmberCN) November 19, 2024
The whale’s recent $UNI withdrawal suggests a strong belief in the token’s potential. UNI, the governance token of the decentralized exchange Uniswap, remains a cornerstone of the DeFi ecosystem, and such moves often signal confidence in long-term value.
This accumulation strategy highlights the whale’s calculated approach to DeFi tokens, leveraging market dips to build substantial holdings while securing significant profits.
For retail investors, the activity of such whales can be both a signal and a warning. On one hand, it reflects optimism in the DeFi space; on the other, it underscores the influence large players wield over market dynamics. As this whale continues to position itself heavily in $AAVE and $UNI, its movements will likely remain a focal point for market watchers.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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