PANews reported on February 12 that, according to on-chain analyst Ember, after the price of UNI rose, an address transferred 3.65 million UNI (US$13.43 million) to Coinbase Prime.

Last night, UNI surged 31% (from $3.28 to $4.30) on news that BlackRock planned to purchase a certain amount of UNI. Now, the price of UNI has essentially erased all the gains from the news and returned to where it was when it started rising last night.