8 hours ago
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Key Takeaways
- Whale spent $1.03M USDT on 299,454 UNI on May 19, now holds 763,061 UNI worth $2.7M.
- Net exchange outflows dense at price lows: Rei Researcher reads as accumulation signal.
- Governance proposal: protocol fees fund UNI burns, Foundation merges into Labs.
- SMA50 at $3.359 rising, SMA100 at $3.510 declining: golden cross setup forming.
- RSI at 55.18, signal at 59.55: momentum not yet confirmed despite 5.56% daily gain.
A whale tagged as Top 100 on the Ethereum Leaderboard spent $1.03M in USDT across three CoW Protocol transactions on May 19 to accumulate 299,454 UNI, bringing their total position to 763,061 UNI worth approximately $2.7M at current prices. At the same time, net exchange outflows are pulling supply off Binance at cycle lows and a governance proposal is targeting the total supply itself. All three are compressing available Read Entire Article
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