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Posted by
Two Blokes Wed at 4:15 PM -
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Crypto
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TL;DR Uniswap transferred 9 million UNI to Coinbase Prime, accumulating $60.99 million in movements over the past six days. Institutional investors liquidated 515,740 UNI, and the spot market sold $14.98 million in one week, increasing downward pressure. Despite the sell-offs, Uniswap's TVL rose by $66 million since April 26, reaching $4.009 billion according to DeFiLlama.