‘Legendary’ Uniswap (UNI) Whale Returns After 3 Years, Scoops Up Nearly $4M in UNI Tokens
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- A legendary Uniswap (UNI) whale, dormant for three years, just bought $3.97M in UNI, reports @ai_9684xtpa.
- This same whale previously made $21.54 million from two strategic UNI trades; UNI price jumped 10% on this news.
- UNI technical analysis now shows a bullish MACD crossover, with key Fibonacci targets pointing above $10 for the token.
One of Uniswap’s (UNI) most legendary whales has re-entered the game after three long years of dormancy, and their first big move is already making waves. Blockchain sleuth @ai_9684xtpa reported that this whale, who previously cashed out a cool $21.54 million in profits from two strategically timed waves of UNI trading, has just opened a new $3.97 million position. The whale reportedly acquired 662,606 UNI tokens at an average price of $5.99.
This whale’s re-emergence is particularly noteworthy given their past track record. They first bought UNI way back at $3.87 in 2020 and then expertly sold it near the all-time high of $42.88 in 2021, pocketing a massive $17.6 million profit. A second successful trading attempt in the $26–$11 price range later netted them an additional $3.95 million profit.
The post ‘Legendary’ Uniswap (UNI) Whale Returns After 3 Years, Scoops Up Nearly $4M in UNI Tokens appeared first on Coin Edition.
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