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Large UNI suddenly unlocked ⚠️ 10 million tokens flow into custody accounts—will there be a big move in the market?
On-chain monitoring has found that, after 3 months, an address once again received 5 million UNI from the UNI Timelock contract, worth about $15.8 million.
📊 Worth noting is:
This address has already received a total of 10 million UNI, and all these tokens are currently stored in Coinbase custody accounts.
💡 What does this mean for the crypto market?
📈 Potential bullish signal
If these funds are only used for institutional custody or long-term strategic reserves, it shows that some large capital is still paying attention to the DeFi ecosystem and still has confidence in UNI’s long-term value.
⚠️ Potential downside pressure
But if these tokens gradually enter market circulation afterward, it could also bring some short-term sell pressure and affect price volatility.
🔎 My take
Many retail investors panic when they see “unlocking,” but what really matters is how the funds will be used next.
Sometimes, big capital’s moves aren’t about selling—they’re about repositioning for the next phase of the market plan.
✨ A line I want to share with everyone
In the crypto market, price is just the result—the flow of funds is the answer. 🚀#Gate上线Pre-IPOs #原油小幅上涨 #加密市场回升 #Canary提交现货PEPEET申请 $BAS