On February 16, Onchain Lens reported that a major investor withdrew 640,000 UNI tokens from the OKX exchange, with a total value of approximately $2.29 million.

This significant transfer quickly sparked discussions within the crypto community. Analysts noted that whale movements often signal market trends, urging investors to closely monitor potential price fluctuations.

As UNI is one of the key tokens in the decentralized finance (DeFi) space, its large-scale movement could significantly impact market sentiment.