USV Moves $31 Million in UNI Tokens to Coinbase Prime

According to Ember monitoring, the venture firm transferred nearly three million UNI tokens to Coinbase Prime while maintaining a significant holding exceeding six million tokens valued at nearly $70 million.

UNI

Summary

According to Ember monitoring, USV transferred 2.981 million UNI tokens, worth approximately $31.09 million, to Coinbase Prime about 15 minutes ago. After the transfer, the firm continues to hold 6.694 million UNI tokens valued at around $69.82 million.

Terms & Concepts
  • UNI: The governance token of Uniswap, a leading decentralized exchange protocol.
  • Coinbase Prime: A platform offered by Coinbase designed for institutional investors, providing trading, custody, and financing services for digital assets.
  • Token Transfer: The movement of cryptocurrency assets from one wallet or account to another, recorded on the blockchain.