VariantFund, the suspected investment firm behind UNI, transferred $27.08 million worth of UNI to Coinbase Prime.

PA一线
PA一线

PANews reported on November 11th that, according to on-chain analyst Yu Jin, following the release of the Uniswap-related proposal, an investment institution (possibly VariantFund) transferred 2.818 million UNI tokens (US$27.08 million) to Coinbase Prime. Subsequently, a large amount of UNI was dispersed from Coinbase Prime to centralized exchanges such as Binance, OKX, and Bybit.

Previously, UniswapLabs and the foundation proposed activating a fee switch and a UNI destruction mechanism.

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This content is for market information only and is not investment advice.

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