Following yesterday's surge in UNI prices due to the proposed buyback and burn of UNI tokens based on transaction fees, at least 14.18 million UNI tokens entered exchanges within a single day.

PANews reported on November 12 that, according to on-chain analyst Yu Jin, after UNI was pushed up to $10 yesterday morning by a fee buyback and burn proposal, at least 14.18 million UNI tokens (worth $130 million) entered exchanges within a day, driving UNI back down to around $8.

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Author: PA一线

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