Arthur Hayes-labelled wallet builds UNI stake worth more than $2 million

  • An Arthur Hayes-labelled wallet accumulated about 284,102 UNI over two days, including a 244,400-token purchase.
  • The 244,400 UNI purchase was valued at about $1.73 million, while the total stake exceeded $2 million.
  • UNI traded near $7.18 on Monday after gaining 76.8% in one month as Uniswap saw heavy Robinhood Chain-linked volume.

A wallet Etherscan labels as Arthur Hayes now holds about 284,102 UNI worth just over $2 million after buying the Uniswap token over two days. Onchain Lens estimated that the address acquired roughly 244,400 UNI for about $1.73 million on Sunday and 39,700 on Monday, following an earlier report of a 39,000-UNI withdrawal from FalconX. The purchases came without an identified governance vote, protocol upgrade or broader market catalyst. UNI traded near $7.18 on Monday, up 2.55% in 24 hours and 76.8% over the month, although it remained 84% below its May 2021 record. Nansen-labelled whales increased their holdings but were net sellers on decentralized exchanges, indicating some profit-taking.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.