According to on-chain analytics platform Lookonchain (@lookonchain), shortly before BlackRock announced its plan to purchase an undisclosed amount of Uniswap's $UNI tokens, a dormant $UNI whale wallet (0x9c98) transferred 4.39 million $UNI (worth $14.75 million) to a new wallet (0xf129).
A $UNI whale transfers $14.75M after BlackRock announces purchase plans
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Summary
A $UNI whale moved $14.75M in new token listings just before BlackRock announced plans to buy Uniswap tokens. The wallet (0x9c98), inactive for four years, sent 4.39 million $UNI to a new address (0xf129). The timing coincides with major crypto news developments around institutional interest in $UNI.
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