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Suspected Monetalis Wallet Acquires $14.33 Million in UNI via OTC Deals

Suspected Monetalis Wallet Acquires $14.33 Million in UNI via OTC Deals

A Monetalis-linked wallet recently obtained 1.85 million UNI and moved tens of millions in ARB, signaling active large-scale token reallocation among major trading firms.

UNI
ARB

Fact Check
The evidence provided by the nine sources is overwhelmingly consistent and corroborates every element of the statement. There are no contradictions. Multiple independent sources, including crypto-focused news outlets (Edgen.tech, CoinNess, PANews Lab) and news feeds from cryptocurrency exchanges (Bitget, MEXC), all report the same event with remarkable consistency in the key details.Specifically:- **Entity:** All sources identify the wallet as being linked, attributed, or suspected to be connected to Monetalis.- **Asset:** All sources confirm the asset acquired was UNI tokens.- **Value:** The value is consistently reported as $14.33 million or approximately $14.3 million.- **Method:** The transaction method is consistently identified as being over-the-counter (OTC).- **Quantity:** Several sources specify the exact amount of 1.851 million UNI tokens.The slight variations in language, such as "suspected" or "linked to," are common in reporting based on on-chain analysis where wallet ownership is inferred rather than officially confirmed. This wording aligns with the statement's use of "attributed to" and does not weaken the core claim. The fact that multiple sources, including one citing the crypto analytics platform CryptoRank and another being cited as a primary news source (PANews), all align gives this claim a high degree of credibility.
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Summary

A wallet suspected to be tied to Monetalis has accumulated 1.85 million UNI tokens valued at around $14.33 million from Wintermute and FlowTraders in the past 24 hours. Additionally, the same address transferred 72.9 million ARB tokens worth approximately $19.62 million to Wintermute and B2C2. These movements indicate ongoing high-value OTC activity between Monetalis-linked accounts and prominent liquidity providers.

Terms & Concepts
  • UNI: The governance token for the Uniswap decentralized exchange, used for voting on protocol changes.
  • ARB: The native token of the Arbitrum network, used for governance and to pay transaction fees.
  • OTC (Over-the-Counter) Purchase: A direct trade of assets between parties without using a public exchange, often conducted to handle large transactions with minimal market impact.