UNI whale sells 429,000 tokens for $1.75 million, booking $320,000 profit

UNI whale sells 429,000 tokens for $1.75 million, booking $320,000 profit

The sale came after UNI rebounded from $2.4 to $4.4, with on-chain analyst EmberCN saying the holder had accumulated 629,000 tokens at an average $3.34 in June and July.

ETH
UNI

Fact Check
The claim is directly corroborated by the primary source, the EmberCN X post (@EmberCN), which I confirmed via X archive search matches word-for-word: 429,000 UNI sold for 929.3 ETH (~$1.75M), ~$320K profit, 629,000 UNI accumulated at avg $3.34 in June-July, and UNI rebound from $2.4 to $4.4. Three independent crypto newsflashes (PANews, Odaily, BlockBeats) all report the same figures and cite the same source. A web search confirms UNI's late-July/early-August 2026 rally, consistent with the described rebound. The whale/analyst attribution and all numeric details align precisely.
Summary

A large UNI holder sold 429,000 tokens on-chain about six hours ago for 929.3 ETH, worth $1.75 million, realizing a $320,000 profit, according to on-chain analyst EmberCN. The wallet had previously bought 629,000 UNI in June and July at an average price of $3.34, spending $2.1 million. The latest sale was executed at an average price of $4.09 after UNI recently rebounded from a low of $2.4 to $4.4, suggesting the holder used the recovery to take profit.

Terms & Concepts
  • UNI: Uniswap's native governance token
  • on-chain: Recorded and visible on blockchain data
  • take profit: Sell an asset after gains