Just noticed a significant on-chain action - Wintermute threw 1.525 million UNI to a certain top exchange.
The timing is quite subtle, just tonight. This transfer is worth about 9.36 million dollars at the current price.
Market makers suddenly moving such a large amount of chips back to the exchange is usually not without reason. Possible reasons? To provide liquidity to the market, or to prepare for some swing trading. Of course, it cannot be ruled out that there may be selling pressure in the short term.
After all, the scale is there, and UNI's performance in the next few days might be interesting. Market sentiment can sometimes be swayed by these large transfers. Stay alert.
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AirdropHarvester
· 11-28 12:32
$9.36 million just thrown away, this guy really dares to play, it seems we need to keep an eye on UNI these days.
This rhythm is a bit strange, why did the market maker suddenly dump chips onto the exchange, are they really adding liquidity or is there another purpose?
Wintermute's actions are generally not mindless operations, we need to stay vigilant this time.
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CounterIndicator
· 11-28 03:03
Another trap? Market makers are dumping chips at the exchange, every time they say it's interesting, but it still rises as usual.
However, with a volume of 9.36 million, it can indeed stir market sentiment... What has Wintermute been up to lately?
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0xSherlock
· 11-26 09:50
With a size of 9.36 million USD, Wintermute's recent actions are indeed intriguing.
With such a large amount of capital being thrown into the exchange, we might believe it's to supplement liquidity, but honestly, there's still a question mark in our minds.
In the short term, the sentiment around UNI might be stirred a bit by this transfer.
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ForkItAll
· 11-26 09:42
9.36 million dollars just came in, this rhythm is about to stir things up, let's see how UNI performs.
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BearMarketSurvivor
· 11-26 09:40
With a volume level of 9.36 million, market makers will not enter the exchange without reason; this is a signal that the supply line has been activated. We need to see how it plays out in the next three days.
Just noticed a significant on-chain action - Wintermute threw 1.525 million UNI to a certain top exchange.
The timing is quite subtle, just tonight. This transfer is worth about 9.36 million dollars at the current price.
Market makers suddenly moving such a large amount of chips back to the exchange is usually not without reason. Possible reasons? To provide liquidity to the market, or to prepare for some swing trading. Of course, it cannot be ruled out that there may be selling pressure in the short term.
After all, the scale is there, and UNI's performance in the next few days might be interesting. Market sentiment can sometimes be swayed by these large transfers. Stay alert.