One crypto exchange\u2019s loss is another crypto exchange\u2019s gain. This holds true with cryptocurrency exchange Uniswap after it recorded a weekly loss of over 20% brought by a large investor offloading a huge number of tokens.<\/p>\n
Uniswap\u2019s loss was Kraken\u2019s gain after the said whale transferred 2.25 million UNI<\/a> tokens to the cryptocurrency exchange platform in what analysts believed was an attempt to cut losses.<\/p>\n Analysts said that UNI, Uniswap\u2019s native token, posted a weekly loss of 20% after the coin went down by 2.80% in the last 24 hours. The massive loss brought UNI\u2019s price to go down to $5.80 on W\u0435dn\u0435sd\u0430y.<\/p>\n According to a crypto analyst, the drop, which came amid the heightened selling pressure, can be attributed to a large investor who offloaded a big chunk of his UNI tokens and transferred it to another crypto exchange platform.<\/p>\n \u201cA whale deposited all 2.25M $UNI($13.71M) to #Kraken 2 hours ago,\u201d Lookonchain said.<\/p>\n A whale deposited all 2.25M $UNI<\/a>($13.71M) to #Kraken<\/a> 2 hours ago, likely to cut losses.<\/p>\n The whale accumulated 2.25M $UNI<\/a>($15.57M) at an average price of $6.92 between Sept 7, 2023 and Nov 18, 2024.<\/p>\n At its peak, the whale had an unrealized profit of $26.5M but is now down\u2026 pic.twitter.com\/7pA0glRT4m<\/a><\/p>\n \u2014 Lookonchain (@lookonchain) March 12, 2025<\/a><\/p>\n\nUniswap Down<\/strong><\/h2>\n
\u2018Cut Losses\u2019<\/strong><\/h2>\n