Recently, blockchain monitoring platform Lookonchain recorded a notable trading activity from a whale address 0x9671, which executed several large-scale transactions in a short period.
The whale started by selling 242 XAUT, worth a total of $1.19 million. Shortly after, it proceeded to offload 461 ETH, amounting to approximately $985,000.
Following these sales, the address swiftly moved to acquire 682,000 UNI tokens for a total of $2.58 million, signaling strong confidence in the project's potential.
This sequence of actions reflects the whale's precise market timing and has sparked widespread speculation about the future performance of the UNI token.