Uniswap

<ul><li>Dormant wallet reactivates, withdrawing $10.4M worth of UNI from Coinbase Prime.</li><li>Whale activity fuels UNI surge, with 1.48M UNI withdrawn after 6-month dormancy.</li><li>Crypto analyst hints UNI might be the next top performer in the crypto market.</li></ul>Renowned analytical platform Spot On Chain has recently reported a development in the Uniswap (UNI) market. A wallet that had remained dormant for six months was recently reactivated, leading to notable transactions. The wallet withdrew over 1.48 million UNI, valued at approximately $10.4 million, from Coinbase Prime, marking a significant move.The reactivated wallet now holds a total of 3.91 million UNI, with a combined value of $27.2 million. This substantial holding includes 3 million UNI withdrawn from Coinbase at an average price of $6.89 in February and August 2024, amounting to $20.6 million.The wallet also received 911,000 UNI from the <a href="https://cryptotale.org/uniswap-labs-urges-sec-to-reconsider-defi-rulemaking-post-supreme-court-ruling/" rel="noopener noreferrer nofollow">Uniswap treasury</a>, which was unlocked in September 2020. This amount was transferred in February 2024 when UNI was valued at $7.74, totaling $7.05 million. These transactions indicate a strategic accumulation of UNI, possibly anticipating future market movements.In a X post on Thursday, a crypto analyst - The Crypto Dog - suggested that UNI could be the market’s next &#34;fastest horse.&#34; This statement highlights the potential for significant future gains, suggesting that UNI could soon outperform other cryptocurrencies.<a href="https://cryptotale.org/uni-whale-awakens-with-10-4m-withdrawal-from-coinbase/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

UNI Whale Awakens with $10.4M Withdrawal from Coinbase

CryptoTale

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