Whale takes profit, but UNI is still strong

Whale takes profit, but UNI is still strong

As the price of Uniswap surged past the $9 zone and flipped to $10, a whale saw it as a perfect time to collect its second profit on its UNI trade.

According to Lookonchain data on X, formerly Twitter, the whale had pocketed about $1.87 million in profit after liquidating his 662,606 UNI tokens.

The whale’s previous profit was in excess of $13 million.

However, despite the sell-off, it did not shake off UNI’s rising momentum. As the price broke above $10, it became evident that the price could set for more gains.