According to on-chain analytics platform Lookonchain (@lookonchain), a whale address that previously spent $4.73 million to purchase $PONS, $UNI, $AAVE, and $CASHCAT has recently swapped its $UNI holdings for $FORM—selling 156,452 $UNI to receive 1.074 million $USDC, then using 99,509 $USDT to buy 355,175 $FORM.
Whale sells 156,452 UNI to buy 355,175 FORM
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Summary
Whale activity saw a major move as a large holder sold 156,452 $UNI for 1.074 million $USDC, then used the funds to purchase 355,175 $FORM with 99,509 $USDT. The whale had previously invested $4.73 million in $PONS, $UNI, $AAVE, and $CASHCAT. This trade indicates a strategic shift in risk-to-reward positioning, favoring $FORM over $UNI.
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