PANews reported on December 10 that according to Lookonchain monitoring, 6 hours ago, Cumberland deposited 989,520 UNI (about 16.73 million US dollars) into Binance, Coinbase, OKX and Robinhood. Shortly thereafter, the price of UNI plummeted by 10%.

In addition, according to the analysis of analyst Yu Jin, these UNI transfers were made by a Uniswap investor through Cumberland, and the statistical data was 1.08 million UNI (about 18.26 million US dollars). This address transferred 1.08 million UNI to the Cumberland address, and then the Cumberland address transferred 983,000 UNI to exchanges such as Binance, Coinbase, and OKX.