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An interesting phenomenon has emerged 😲 The recent actions of a certain Large Investor are worth following.
In the past 6 hours, this address has made another large operation, withdrawing over 2.17 million UNI, worth approximately 12.68 million USD. More importantly, according to on-chain data tracking, this address has currently accumulated a total of 3.629 million tokens, with a total value of 20.02 million USD.
From a cost perspective, this Large Investor's average position price is $5.51. Based on the current price level, the paper profit has reached $740,000. This continuous accumulation pace, especially during critical market periods, usually signifies what—an expression of confidence in the subsequent trend.
However, it is worth mentioning that there is still some room for speculation regarding the true identity of this address. Based on trading habits and scale, it could either be an operating account of a well-known institution or a personal account of a super Large Investor making strategic arrangements. Nevertheless, the continuous buying stance has already indicated an attitude.
The key question is: why are Large Investors increasing their stakes at this time? Do they have insights into market expectations? This is worth continued observation by market participants.