PANews reported on December 3 that according to on-chain analyst Ember’s monitoring, crypto venture capital firm Variant transferred 1.2322 million UNI (worth $17.14 million) to Coinbase Prime 10 hours ago. In the past 26 days, the firm has transferred a total of 3.6966 million UNI to Coinbase Prime, with a total value of approximately $44.57 million, and an average transfer price of $12.05.

As one of the early investors of Uniswap, Variant received an investment allocation of 1.6 million UNI in September 2020, and withdrew 774,000 UNI from FTX at a price of US$5.65 in May 2022.