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Amber Moves $10.98 Million in UNI Tokens to Coinbase

On Nov. 17, blockchain monitoring service THE DATA NERD reported Amber sent 1.392 million UNI tokens worth nearly $11 million to Coinbase within the last half hour.

UNI

Summary

Amber Group transferred 1.392 million UNI tokens, valued at around $10.98 million, to the Coinbase cryptocurrency exchange on Nov. 17. The transaction took place roughly 30 minutes before it was reported by blockchain tracking service THE DATA NERD.

Terms & Concepts
  • UNI: The governance token of Uniswap (decentralized trading protocol for cryptocurrencies).
  • Coinbase: A major U.S.-based cryptocurrency exchange offering trading, custody, and related services.
  • Blockchain Monitoring: The process of tracking cryptocurrency transactions and addresses in real time through blockchain data analysis.