Mysterious Whale Has Accumulated $9.6 Million in This Altcoin: Continues to Withdraw from Binance

On-chain data shows a new whale has created a multi-million dollar position in Uniswap's native asset, UNI. The recently created address withdrew another 600,005 UNI from Binance. The value of the latest transaction is estimated at approximately $4.28 million. The total amount accumulated by the address since October 11th has reached 1,292,895 UNI. The total value of the whale's current UNI assets is approximately $9.6 million. The average withdrawal price is reported to be $7.42. Due to the UNI price remaining below the average withdrawal level, the address has approximately $300,000 in unrealized losses.