A major cryptocurrency holder has decided to liquidate 2.493 billion UNI tokens after holding them for five years, a move that generated approximately $1.72 million in gains according to reports from Foresight News. The transaction valued these tokens at around $10.62 million, reflecting a monetization strategy after a prolonged five-year holding period.
This is not the first significant move by the same accumulator. Previously, the entity had divested 101,000 ETH that it had been holding for five years, liquidating them at an average price of $3,313 per token, resulting in extraordinary gains of approximately $269 million. Such divestment operations after extended holding periods often indicate changes in whale positioning strategies in the market, especially when large volumes of accumulated gains are realized.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
A major cryptocurrency holder has decided to liquidate 2.493 billion UNI tokens after holding them for five years, a move that generated approximately $1.72 million in gains according to reports from Foresight News. The transaction valued these tokens at around $10.62 million, reflecting a monetization strategy after a prolonged five-year holding period.
This is not the first significant move by the same accumulator. Previously, the entity had divested 101,000 ETH that it had been holding for five years, liquidating them at an average price of $3,313 per token, resulting in extraordinary gains of approximately $269 million. Such divestment operations after extended holding periods often indicate changes in whale positioning strategies in the market, especially when large volumes of accumulated gains are realized.