UNI Wallet Sells Half of Holdings, Realizing $1.5M Gain
A large wallet holding UNI tokens has made a significant profit by selling half of its holdings. The wallet accumulated 1 million UNI between September 2025 and February 2026, spending $5.59 million at an average cost of $5.59 per token. It then sold 500,000 tokens in the past four hours for a realized gain of $1.502 million. This means the wallet has made a profit of $1.5 million from this sale.
According to technical analysis, the price action is currently testing upper Bollinger resistance at $8.71, while the Relative Strength Index (RSI) flashes overbought at 84.24. A healthy retracement to the 50-EMA support at $6.77 seems probable before further continuation.
The MACD golden cross at 0.54 and the 200-EMA at $5.65 continue to anchor the broader bullish structure established over the last twelve months.