UMA project team announced the launch of a new product next week to recover tens of millions of dollars in losses caused by MEV in lending agreements. UMA rose 241% (from $1.97 to $6.73) as a result. Three addresses transferred UMA to CEX after the price increase and made a profit.

·Address 0x3b8 withdrew 190,168 UMA (worth $370,000) from Binance at a price of $1.97 on November 28, 2023, and transferred it back to Binance at a price of $3.7 on January 19, realizing a profit of $330,000 (+88%).

·Address 0x276 withdrew 374,989 UMA (worth $770,000) from Coinbase Prime at a price of $2.06 a year ago, and transferred 187,495 UMA (worth $1 million) back to Coinbase Prime at a price of $5.33 on January 20, realizing a profit of $610,000 (+158%).

·borntoolate.eth staked 1.34 million UMA (worth $6.38 million), withdrew 142,491 UMA (worth $760,000) as a staking reward on January 20, and transferred it to Coinbase at a price of $5.33.