UNI Whale Dumps 654K Tokens for $1.27M Profit
A large UNI whale has moved 654,288 tokens into Coinbase Prime, locking in a $1.27 million profit. The transfer, made by wallet address 0xf7AD, involved tokens purchased at an average price of $7.17 and sold at $8.94. This follows a period of steady accumulation through Flowdesk over the past month, suggesting continued institutional activity on the exchange.
On the 4-hour chart, UNI is trading within its Bollinger bands, with resistance at $9.26 and the EMA50 at $9.03 acting as key overhead supply. The MACD death cross signals downside momentum, while a neutral RSI at 46.53 leaves room for a retracement toward the EMA200 floor at $7.8 before any rebound attempt. Analysts note that such large whale deposits often precede short-term volatility.
The move highlights ongoing institutional exit liquidity on Coinbase Prime and may impact updated UNI price prediction models and crypto market flow analysis. Traders should watch for potential volatility in the near term.