Whale/Institution Moves $4.06 Million worth of UNI to Coin An
It is reported that encrypted Twitter KOL@Bit Ember monitoring, a whale/institution holding UNI for two years transferred 710000 UNI (worth about $4.06 million)
It is reported that encrypted Twitter KOL@Bit Ember monitoring, a whale/institution holding UNI for two years transferred 710000 UNI (worth about $4.06 million) to Coin An at 3:00 this morning.
A giant whale address transferred 710000 UNI (about US $4.06 million) to Coin An in the early morning
Analysis based on this information:
The cryptocurrency world is always changing, and the latest news has reported that an Encrypted Twitter KOL, Bit Ember, monitored a significant development in the market. A whale, or an institution, which has been holding UNI for two years, transferred 710,000 tokens to Coin An at 3:00 this morning, which is worth around $4.06 million.
The transfer of such a large amount of UNI could have significant implications for the cryptocurrency market. It is speculated that this transfer was made by an institutional investor rather than an individual, which means that it could be a significant move for the market. Institutional investors are known to make significant investments in the cryptocurrency market, which can impact the overall market value.
The UNI token, which is the governance token of Uniswap, has become increasingly popular in recent times. It has seen an impressive rise in value, reaching its all-time high this year. Many investors believe that UNI has great potential, which makes it a popular choice for long-term investment. Therefore, the transfer of such a large amount of UNI tokens to Coin An could suggest that the institution believes that the value of UNI will increase further in the coming days.
Coin An, a cryptocurrency exchange platform based in Vietnam, would have benefitted from the transfer, as it is now in possession of a sizeable amount of the UNI token. It is also likely that Coin An would have paid for the tokens in fiat currency, which would add to the exchange’s liquidity.
The transfer of such a large sum of money may have significant implications for the cryptocurrency market as a whole, and may even impact the value of UNI in the coming days. Investors and traders are keeping a close eye on the market and are monitoring the overall trends.
In conclusion, the transfer of 710,000 UNI tokens to Coin An by an institutional investor is a significant development in the cryptocurrency market. It could impact the overall market value, and the value of the UNI token. Investors and traders are keeping a close eye on the market, and it will be interesting to see how the market responds to this latest development.
Keywords are Encrypted Twitter KOL, Whale/Institution, and Coin An.
This article and pictures are from the Internet and do not represent qiAiAi's position. If you infringe, please contact us to delete:https://www.qiaiai.com/daily/8608.html
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Related recommendations
-
What does 比特币 qc mean (bitcoin-qt)?
What does 比特币 qc mean? According to btcmanager, 比特币 qc stands for \”freedoing\”. I
-
When will Sperax Mainnet be launched?
When will Sperax Mainnet be launched? Official announcement, when will Sperax M
-
ARK Fund reduces GBTC holdings by over 296,000 shares amid price slump
According to reports, ARK Ark Fund position data shows that from February 1, 2022 to now, ARK Fund has reduced its holdings of 296694 grayscale GBTC shares. At current prices, the value is approximately $4.5777 million. As of Friday’s close, GBTC closed at $15.43. ARK Fund has reduced its holdings of nearly 300000 GBTC shares since February 1 Analysis based on this information:Reports show that ARK Ark Fund, a well-known investment firm focused on innovative technologies, has decreased its holdings of grayscale GBTC shares by over 296,000 since February 1, 2022. Based on current market prices, the estimated value of these shares amounts to approximately $4.5777 million. This move is particularly interesting since ARK Fund had been increasingly bullish on Bitcoin in the past, but has recently reduced its exposure to the cryptocurrency. The Grayscale Bitcoin Trust (GBTC) is one of the most popular investment vehicles for Bitcoin exposure in the traditional financial space. GBTC shares are a way for…
-
Liquid’s Discord Channel Invaded: A Reminder to Stay Vigilant Against Phishing
It is reported that the DeFi loan agreement Liquid said that its official Discord channel was invaded, reminding users to pay attention to the risk of phishing…
-
STEPN Developer, Find Satoshi Lab Launches MOOAR Season Two with Seven New Projects
On February 21, the second season of the new NFT Launchpad MOOAR launched by the STEPN developer Find Satoshi Lab (FSL) has been voted. This season includes se…
-
Binance has supported users to redeem ETH using BETH
On April 19th, according to official sources, Binance announced that starting from 16:00 Beijing time on April 19th, ETH 2.0 pledge participants will be able to redeem ETH with the
-
BTC Market Volatility: What You Need to Know About Its Fall Below $27,000
According to reports, the market shows that BTC has fallen below $27000 and is currently trading at $26982.0, with a daily decline of 2.21%. The market is highly volatile, so pleas
-
Ripple CEO Assures Stable Financial Position Amid Exposure to Silicon Valley Banks
It is reported that Ripple CEO Brad Garling house tweeted that Ripple has some exposure to Silicon Valley banks. Silicon Valley Bank is Ripple’s banking partner and holds part of Ripple’s cash. However, Ripple’s daily business is not expected to be disturbed, and most of the dollars are deposited in other banks. In addition, Ripple’s financial position remains stable. Recent events have highlighted the fragility of the financial system. Ripple CEO: Ripple has some exposure to Silicon Valley banks, and its daily business is not affected Analysis based on this information:The CEO of Ripple, Brad Garlinghouse, recently took to Twitter to allay concerns about the company’s exposure to Silicon Valley banks, particularly given the current state of the financial system. Garlinghouse noted that while Ripple does have some exposure to its banking partner, Silicon Valley Bank, the majority of its cash is held in other banks, and its daily business is not expected to be affected. The announcement comes at…
-
Federal Reserve Takes Steps to Regulate and Assess Risks of Cryptocurrencies
It is reported that the Federal Reserve Vice Chairman Barr said that the Federal Reserve has formed a team to study the innovation of cryptocurrency. Cryptograp
-
The Confluence of PCAOB, Polygon, Voyager, and Lido Finance in the Finance Industry
7:00-12:00 Keyword: PCAOB, Polygon, Voyager, Lido Finance
Summary of important developments at noon on March 9
Analysis based on this information:
In the financ