PEPE Whale Withdraws $2.04M from Binance Despite $7.25M Unrealized Loss

Onchain Lens data shows a large UNI holder moved over 315,000 tokens worth millions from Binance, significantly increasing their total on-chain balance.

UNI
PEPE

Summary

According to Onchain Lens, a cryptocurrency whale withdrew 315,529 UNI tokens valued at $3.55 million from Binance about 10 minutes ago. Following this transaction, the whale now holds 814,724 UNI in total, worth approximately $9.17 million.

Terms & Concepts
  • Whale: A term describing an individual or entity that holds large amounts of a cryptocurrency, capable of influencing market prices.
  • UNI Token: The governance token for Uniswap, a decentralized exchange on the Ethereum blockchain, enabling holders to vote on protocol changes.