In a significant move earlier today, a Uniswap team/investor/advisor address transferred 1.19 million $UNI tokens, valued at $9.62 million, to Coinbase Prime. This follows a trend over the past nine days, during which the same address transferred a total of 3.55 million $UNI, worth approximately $29.82 million, to the same platform. The address originally received 9 million $UNI from the Uniswap team/investor/advisor token distribution contract in September 2020. As of now, 5.45 million $UNI, valued at $44.24 million, remain in the address. Uniswap’s market performance has been volatile recently. Over the past 30 days, $UNI has declined by 17%. However,
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