The movement is worth about $60.99 million and has happened after more than three years of dormancy. Crypto analysts and traders are now speculating about the motive behind the transfer that involves such large amounts of money and what it might mean for the future of Uniswap's token economy.
Three wallets linked to Uniswap have moved 10.21 million $UNI tokens to Coinbase Prime after more than three years of inactivity.
The movement, which was spotted by crypto analytics platform Spot On Chain, also saw the transfer of about $60.99 million in the wake of such a long dormancy has sparked speculation among crypto traders and analysts.
The biggest transfer occurred from a wallet that got 9 million $UNI tokens during Uniswap’s token launch in September 2020. Back then, $UNI was trading at just $3.44, which meant that this particular airdrop was valued at around $31 million. But fast forward to April 2025, and the value of those same tokens has nearly doubled. That’s a return on investment that a holder can really get behind.
Three wallets linked to @Uniswap just deposited 10.21M $UNI ($60.99M) to #CoinbasePrime after 3.5+ years of dormancy.
The largest deposit came from a wallet that received 9M $UNI from Uniswap in September 2020, when $UNI was $3.44 (valued at ~$31M).
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