Address Receives 5 Million UNI From Uniswap Timelock, Analyst Says Tokens Moved to Coinbase Custody

On-chain analyst Ai Yi said the address has received 10 million UNI in total, with the holdings now kept in a Coinbase custody account.

UNI

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Terms & Concepts
  • Timelock contract: A smart contract (self-executing blockchain code) that delays execution of token transfers or governance actions until a preset time has passed.
  • On-chain analyst: A researcher who tracks blockchain transactions and wallet activity using publicly visible ledger data.
  • Custody account: An account used to store digital assets with a third-party custodian, typically for security and institutional asset management.