Spot On Chain monitoring shows that 5 hours ago, a Uniswap-related wallet transferred 2.359 million UNI (about 20.2 million USD) to Coinbase Prime. It is worth noting that 2.338 million UNI (about 19.9 million USD) has been absorbed by 12 wallets. This is likely a distribution or off-exchange transaction and will not affect the UNI spot price. Currently, there are still 6.64 million UNI (about 55.2 million USD) remaining in team/investor/advisor wallets.
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Analysis: The 2.359 million UNI transferred previously may be a one-time allocation or over-the-counter transaction, which will not affect the UNI spot price
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