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GSR Transfers Over $4.6 Million in UNI, AAVE, and WLD to Binance

Blockchain analytics show GSR moved multiple large crypto holdings, including stablecoins, to Binance within 12 hours, according to TheDataNerd.

USDC
UNI
AAVE

Summary

GSR transferred 405,000 UNI worth $2.64 million, 6,000 AAVE valued at $1.38 million, 16 million USDC, and 682,000 WLD worth $0.636 million to Binance within 12 hours, according to TheDataNerd. The transactions indicate a significant shift of over $20 million in assets to the exchange in a short time frame.

Terms & Concepts
  • UNI: The governance token of Uniswap, a decentralized exchange protocol built on the Ethereum blockchain.
  • AAVE: A decentralized finance (DeFi) protocol token used for governance and staking within the Aave lending and borrowing platform.
  • USDC: A U.S. dollar-pegged stablecoin issued by Circle, used for payments, transfers, and as a stable store of value in cryptocurrency markets.