UNI: Suspected institution raises $14.33 million to raise 1.851 million UNI tokens

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On chain monitoring shows that addresses suspected to belong to Monetalis (0x5eE... 16 billion) have received 1.851 million UNI from market makers such as Wintermute, Flow Traders, B2C2, etc. in the past 8 hours, with a total value of approximately 14.33 million US dollars and an average price of 7.7 US dollars. Previously, UNI's repurchase and destruction proposal price rose to $10 at one point, but then fell back to $7 due to selling pressure. (Ashes)

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