Unifi Protocol DAO

Chunks

Unifi

In a surprise move, a new whale known by the short address 0x8e7 has withdrawn a significant amount of Unifi Protocol DAO (UNFI) from Binance. 
Whale collected 190,488 UNFIs, equivalent to $1.63 million, at a price of $8.54 per token. UNFI price is trading at $8.73 at the time of this writing. 
Interestingly, apart from UNFI, the whale has not accumulated any other tokens, including ETH. This move led to a 14.5% increase in UNFI price over the last 24 hours. 
<figure id="attachment_125612" aria-describedby="caption-attachment-125612" style="width: 100%" class="wp-caption alignnone">
 <img decoding="async" class="size-full wp-image-125612" src="https://www.bitcoinsistemi.com/wp-content/uploads/2023/10/UNFIUSDT_2023-10-28_15-12-10.png" alt="" width="1342" height="807">
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 Chart with hourly candles showing the recent rise in the UNFI token.
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Related News: <a href="https://en.bitcoinsistemi.com/ftx-wallets-keep-selling-7-more-altcoins-sold-in-big-chunks/" target="_blank" rel="dofollow">FTX Wallets Keep Selling: 7 More Altcoins Sold in Big Chunks</a> 
Whale is currently the 9th largest holder of the UNFI token. The total market value of the token is around $53 million. UNFI is also traded on US-based cryptocurrency exchanges such as Coinbase and Kraken. 
According to the developers of the cryptocurrency themselves in the statements on the website, Unifi Protocol offers a unique approach to the blockchain economy. The network uses a stablecoin as a gas token to eliminate transaction price volatility and inflation. UNFI is described as a multi-chain governance token for the Unifi Protocol Dao. 
*This is not investment advice. 
 Continue Reading: <a rel="nofollow" href="https://en.bitcoinsistemi.com/fresh-whale-bought-huge-amount-of-tokens-on-binance-becomes-one-of-the-biggest-holders-of-this-altcoin/">Fresh Whale Bought Huge Amount of Tokens on Binance: Becomes One Of The Biggest Holders Of This Altcoin</a>

Fresh Whale Bought Huge Amount of Tokens on Binance: Becomes One Of The Biggest Holders Of This Altcoin

Bitcoin Sistemi EN

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