Ethereum

Aave

Uniswap

Coin

<ul class="news-points"> 
 <li>Earlier today, a whale withdrew millions worth of ETH from Binance to buy UNI and AAVE.</li> 
 <li>Both UNI and AAVE saw their prices rise by more than 10% over the past day.</li> 
 <li>ETH’s price was able to increase by just over 1% despite the massive ETH withdrawal by the whale.</li> 
</ul> 
In one of their latest <a href="https://twitter.com/lookonchain/status/1672863485393522688?t=g7U9-eAuYkWthGY1zBD6ag&amp;s=19" target="_blank" rel="nofollow">tweets</a>, the analytics platform, Lookonchain, revealed that approximately two hours ago, a prominent whale made a significant Ethereum (ETH) withdrawal. The post revealed that 2,096 ETH (equivalent to $4 million) was withdrawn from the <a href="https://coinedition.com/binance-exchange-review/">popular cryptocurrency exchange, Binance</a>. 
Shortly after, the whale proceeded to utilize 500 Ethereum (approximately $960,000) to purchase 184,664 units of Uniswap (UNI) tokens at a price of $5.2 per token. Additionally, the whale spent 862 Ethereum (about $1.65 million) to acquire 24,252 Aave (AAVE) tokens at a price of $68.25 per token. 
Meanwhile, data from CoinMarketCap indicated that both UNI and AAVE saw huge increases in their prices over the past 24 hours of trading. UNI was trading hands at $5.39 after it saw a more than 11% price rise. This pushed the crypto’s weekly performance further into the green at +19.78%. 
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 <img decoding="async" width="940" height="479" src="https://coinedition.com/wp-content/uploads/2023/06/image-72.png" alt="UNI price" class="wp-image-304018" srcset="https://coinedition.com/wp-content/uploads/2023/06/image-72.png 940w, https://coinedition.com/wp-content/uploads/2023/06/image-72-300x153.png 300w, https://coinedition.com/wp-content/uploads/2023/06/image-72-313x159.png 313w, https://coinedition.com/wp-content/uploads/2023/06/image-72-380x194.png 380w, https://coinedition.com/wp-content/uploads/2023/06/image-72-768x391.png 768w, https://coinedition.com/wp-content/uploads/2023/06/image-72-696x355.png 696w, https://coinedition.com/wp-content/uploads/2023/06/image-72-127x65.png 127w, https://coinedition.com/wp-content/uploads/2023/06/image-72-159x81.png 159w, https://coinedition.com/wp-content/uploads/2023/06/image-72-255x130.png 255w, https://coinedition.com/wp-content/uploads/2023/06/image-72-795x405.png 795w, https://coinedition.com/wp-content/uploads/2023/06/image-72-440x224.png 440w, https://coinedition.com/wp-content/uploads/2023/06/image-72-414x211.png 414w, https://coinedition.com/wp-content/uploads/2023/06/image-72-324x165.png 324w, https://coinedition.com/wp-content/uploads/2023/06/image-72-377x192.png 377w, https://coinedition.com/wp-content/uploads/2023/06/image-72-328x167.png 328w, https://coinedition.com/wp-content/uploads/2023/06/image-72-144x73.png 144w, https://coinedition.com/wp-content/uploads/2023/06/image-72-123x63.png 123w, https://coinedition.com/wp-content/uploads/2023/06/image-72-129x66.png 129w" sizes="(max-width: 940px) 100vw, 940px">
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 UNI price (Source:…
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The post <a rel="nofollow" href="https://coinedition.com/whale-withdrew-thousands-of-eth-to-purchase-uni-and-aave/">Whale Withdrew Thousands Of ETH To Purchase UNI And AAVE</a> appeared first on <a rel="nofollow" href="https://coinedition.com">Coin Edition</a>.

Whale Withdrew Thousands Of ETH To Purchase UNI And AAVE

Coin Edition

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