UNI has rebounded 98% from its monthly low this month, while the newly created wallet 0xc86...F4972 withdrew 676,874 UNI from Binance. The withdrawal was valued at $4.27 million at an average price of $6.32 per token, and UNI was recently trading at $6.32, up 10.57%, according to CoinMarketCap. The wallet had built a position as UNI climbed, according to on-chain analyst Ai Yi. Withdrawals from exchanges are typically viewed as an indication that tokens are being moved into custody for potential holding rather than immediate sale.