Uniswap

Coin

<ul class="news-points"> 
 <li>Lookonchain tweeted that a whale deposited 200K UNI to OKX this morning to take profit.</li> 
 <li>Over the past 24 hours, the price of UNI fell by 1.20%, which left the crypto trading at $6.44.</li> 
 <li>UNI was attempting to overcome the resistance level at $6.680 at press time.</li> 
</ul> 
A whale by the name of stevu.eth deposited 200K Uniswap (UNI) to the <a href="https://coinedition.com/what-is-a-cryptocurrency-exchange-how-does-it-work/" target="_blank" rel="noopener noreferrer nofollow">cryptocurrency exchange</a> 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 $4.92. 
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 <blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 stevu.eth deposited 200K <a href="https://twitter.com/search?q=%24UNI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$UNI</a> ($1.29M) to <a href="https://twitter.com/hashtag/OKX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#OKX</a> to take profits. stevu.eth withdrew 500,545 <a href="https://twitter.com/search?q=%24UNI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$UNI</a> ($2.46M) from <a href="https://twitter.com/hashtag/OKX?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#OKX</a> on June 29, when the price was $4.92. Based on the current price, his profit is ~$764K. stevu.eth currently holds 300,545 <a href="https://twitter.com/search?q=%24UNI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$UNI</a>($1.94M).<a href="https://t.co/g8bNsGJBiR" target="_blank" rel="noopener noreferrer nofollow">https://t.co/g8bNsGJBiR</a> <a href="https://t.co/URrlnmSqNh" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/URrlnmSqNh</a>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1686279912431476736?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">August 1, 2023</a> 
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</figure> 
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 <a rel="noopener noreferrer nofollow" href="https://coinedition.com/uniswap-uni-down-1-20-after-whale-decides-to-take-profit/">Uniswap (UNI) Down 1.20% After Whale Decides To Take Profit</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

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

Coin Edition

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