According to @ai_9684xtpa, wallet 0xEfaf5B67a88F44139b12F98acd303C67520C8222 withdrew 2,179,487 UNI (~$12.68M) from Coinbase in the last 6 hours, lifting total holdings to 3.629M UNI (~$20.02M) with an average withdrawal price of $5.51 and an unrealized profit of about $0.74M; source: @ai_9684xtpa and Arkham Intelligence explorer for address 0xEfaf5B67a88F44139b12F98acd303C67520C8222. According to @ai_9684xtpa, from Dec 15–23 the wallet cumulatively withdrew 1,682,220 UNI (~$8.75M) at an average price of $5.20; the Unification proposal was submitted for final governance vote on Dec 18 and passed on Dec 22, during which UNI reached a high of $6.5; source: @ai_9684xtpa. According to @ai_9684xtpa, the activity may be Coinbase internal wallet consolidation rather than external accumulation, which would change the interpretation of these flows; source: @ai_9684xtpa.

According to @ai_9684xtpa, wallet 0xEfaf5B67a88F44139b12F98acd303C67520C8222 accumulated 1,682,220 UNI between Dec 15–23 by withdrawing from Coinbase, worth about 8.75 million dollars at an average cost of 5.2 dollars per token (source: @ai_9684xtpa; on-chain reference: Arkham Intel explorer for address 0xEfaf5B67a88F44139b12F98acd303C67520C8222). According to @ai_9684xtpa, the Unification proposal entered its final governance vote on Dec 18 and passed on Dec 22, during which UNI peaked at 6.5 dollars (source: @ai_9684xtpa). According to @ai_9684xtpa, the position shows about 1.37 million dollars in unrealized profit based on the reported accumulation and price action (source: @ai_9684xtpa). According to @ai_9684xtpa and Arkham Intel, trading-relevant reference points are the 5.2 dollar cost basis, the 6.5 dollar swing high, and the observed Coinbase outflows tied to the address, which frame potential liquidity and supply dynamics for UNI in the near term (sources: @ai_9684xtpa; Arkham Intel explorer for address 0xEfaf5B67a88F44139b12F98acd303C67520C8222).

According to @CoinMarketCap, Uniswap’s protocol fee switch is expected to turn on this week after the UNIfication proposal reached quorum with virtually no opposition, marking one of the largest upgrades in the DEX’s seven-year history (source: @CoinMarketCap on X, Dec 22, 2025). This defined activation window creates a near-term governance and fee-structure catalyst for UNI and Uniswap liquidity pools, with traders focused on the switch timing highlighted for this week (source: @CoinMarketCap on X, Dec 22, 2025). The near-unanimous quorum reduces immediate governance uncertainty around the upgrade path, sharpening event-driven positioning for UNI (source: @CoinMarketCap on X, Dec 22, 2025).

According to @OnchainLens, over the past 48 hours Vitalik Buterin sold UNI, ZORA, BNB, KNC, OMG and other meme tokens from his wallet as observed on-chain; source: @OnchainLens. Following these disposals, the wallet transferred $564,672 USDC and 27 ETH (about $80,364) via the RAILGUN Project; source: @OnchainLens, Nansen profiler. The referenced Nansen profiler page lists the sales and subsequent transfers, confirming timing, assets, and amounts for traders tracking whale activity; source: Nansen profiler.

According to @ai_9684xtpa, new wallet 0xDE2b2f5D55EcC64d7D3A55D4FC7247041b9E4613 withdrew a $17.8 million basket from Binance two hours ago comprising ETH, LINK, AAVE, UNI, POL, and COMP, with ETH accounting for 95% or $16.93 million at a withdrawal price of $2,935.55, source: @ai_9684xtpa. The wallet address is listed on the Arkham Intelligence explorer for verification of holdings and further on-chain tracking, source: Arkham Intelligence explorer. A small test transfer was executed yesterday before the larger withdrawal, indicating staged movement of funds, source: @ai_9684xtpa. With 95% of the position in ETH, the wallet’s exposure is predominantly tied to ETH price moves from the noted entry level, source: @ai_9684xtpa.

According to @OnchainLens, a newly created wallet withdrew assets from Binance that include 5,770 ETH valued at USD 16.92 million, 9,870 LINK valued at USD 125.59 thousand, 140.62 AAVE valued at USD 26.03 thousand, 1,950 UNI valued at USD 9.9 thousand, 75,450 POL valued at USD 8.44 thousand, and 9.99 COMP valued at USD 270, with data sourced from Nansen. According to @OnchainLens, these figures total about USD 17.1 million and are dominated by ETH at roughly 99 percent of the withdrawn value, based on the same Nansen dataset. According to Glassnode research, net withdrawals from exchanges reduce on-exchange balances and can tighten immediate sell-side liquidity for the withdrawn assets, a dynamic traders monitor during large outflows; this context is relevant to the ETH-heavy nature of the flow reported by @OnchainLens using Nansen data.

According to @EmberCN, a16zcrypto transferred 276,000 COMP worth about $7.6 million to Coinbase Prime roughly two hours prior, indicating a venue-side move of inventory (source: @EmberCN). According to @EmberCN, a16z led Compound’s round and received 1,000,000 COMP in March 2020, equal to 10% of COMP’s total supply (source: @EmberCN). According to @EmberCN, a16z’s labeled on-chain wallets now mainly hold 64 million UNI (~$325 million) and 19.51 million OP (~$5.71 million) and no longer hold COMP (source: @EmberCN). Coinbase Prime is Coinbase’s institutional trading and custody platform where deposited assets can be executed via exchange and OTC services, making the transferred COMP tradable on venue infrastructure if orders are placed (source: Coinbase Prime, Coinbase). For trading, watch COMP spot volumes and Coinbase-related order flow given the wallet-to-exchange movement, and track UNI and OP on-chain and venue flows in light of the updated a16z allocations (sources: @EmberCN; Coinbase Prime).

According to @OnchainLens, Blockchain Capital withdrew 1.13M UNI worth approximately $6.48M from Bybit, Binance, and OKX over the last 6 hours (source: @OnchainLens; data: Nansen). The receiving wallet now holds 1.92M UNI valued around $10.88M at the time of reporting (source: @OnchainLens; data: Nansen). The figures imply an average reference value of about $5.73 per UNI for the withdrawn amount, based on the values provided by the source (source: @OnchainLens; data: Nansen). The address cited is 0xb5E4d21240e9356caFc3a1261d10383f62DFc24e, which the source attributes to Blockchain Capital activity (source: @OnchainLens; data: Nansen).

According to @lookonchain, wallet 0xb5E4 withdrew 823,368 UNI (about $4.72M) from Binance and Bybit in the past 5 hours and now holds 1.61M UNI (about $9.1M), with the holdings and transfers viewable via Arkham Intelligence’s address explorer. According to @lookonchain, these transactions are framed as institutional accumulation of UNI, and the cited Arkham Intelligence page is provided as the on-chain source for verification.

According to @lookonchain, whale 0xBC64 bought another ~$13.9M across 10 assets during the dip and moved them on-chain to wallet 0xBC64, including ENA $5.92M (22.7M), ETH $5.79M (1,898), LINK $527K (38,614), UNI $413K (74,217), PENDLE $323K, CRV $295K, ONDO $242K, ENS $141K, AAVE $140K, and AERO $98K (source: @lookonchain on X). According to @lookonchain, the same wallet previously accumulated ~$35.7M across 8 assets and transferred them on-chain, led by ETH $10.13M (3,175), LINK $7.99M (557,937), ENA $5.82M (20.14M), AAVE $4.9M (25,396), ONDO $3.27M (6.53M), UNI $2.05M (340,849), SKY $1.09M (22.59M), and LDO $244K (384,075) (source: @lookonchain on X; wallet: intel.arkm.com/explorer/address/0xBC64BDE4C3b70147C47c16dD9277a6Aaef7e0f02). According to @lookonchain, based on these reported amounts the cumulative purchases total ~$49.6M with the largest exposures now ETH ~$15.92M (32.2%), ENA ~$11.74M (23.6%), LINK ~$8.52M (17.2%), AAVE ~$5.04M (10.2%), ONDO ~$3.51M (7.1%), and UNI ~$2.46M (5.0%), with smaller positions in SKY, PENDLE, CRV, LDO, ENS, and AERO held at 0xBC64 (source: @lookonchain on X; on-chain wallet verified via ARKM explorer).

According to @lookonchain, a single whale bought 3,175 ETH ($10.13M), 557,937 LINK ($7.99M), 20.14M ENA ($5.82M), 25,396 AAVE ($4.9M), 6.53M ONDO ($3.27M), 340,849 UNI ($2.05M), 22.59M SKY ($1.09M), and 384,075 LDO ($244K), totaling $35.7M during the market dip (source: @lookonchain on X, Dec 4, 2025). According to @lookonchain, these assets have been moved on-chain to wallet 0xBC64BDE4C3b70147C47c16dD9277a6Aaef7e0f02 (source: @lookonchain on X; ARKM Intel explorer intel.arkm.com/explorer/address/0xBC64BDE4C3b70147C47c16dD9277a6Aaef7e0f02). According to the source, traders can monitor address 0xBC64BDE4C3b70147C47c16dD9277a6Aaef7e0f02 for subsequent transfers across ETH, LINK, ENA, AAVE, ONDO, UNI, SKY, and LDO to track on-chain flows (source: ARKM Intel explorer link above).

According to @camillionaire_m, a post on Dec 3, 2025 flagged a “Major” Uniswap development and linked to an external post without disclosing specifics (source: @camillionaire_m). According to @camillionaire_m, the source did not provide any official statement from Uniswap’s verified channels or governance forums at the time of posting (source: @camillionaire_m). According to @camillionaire_m, with the nature of the update unspecified, traders should wait for confirmation from Uniswap’s official communications before taking UNI positions based solely on this signal (source: @camillionaire_m).

According to Matt Hougan, the current pullback is obscuring a key trend: tokens like UNI, ETH, and XRP are improving value capture, creating alpha opportunities as fundamentals link more directly to cash flows or supply burn, source: Matt Hougan on X. For UNI, Uniswap v3 includes a governance-controlled protocol fee that can redirect a portion of trading fees to the protocol, and a 2024 Uniswap Foundation proposal sought to distribute protocol revenues to stakers and delegates, increasing direct tokenholder yield potential, source: Uniswap v3 documentation and Uniswap Foundation governance forum. For ETH, EIP-1559 burns the base fee from every transaction and the post-Merge issuance reduction ties network activity to net ETH supply, periodically rendering ETH deflationary and strengthening value accrual to holders, source: Ethereum Foundation and EIP-1559 specification. For XRP, the XRP Ledger destroys transaction fees and enabled the XLS-30 AMM in 2024 to deepen on-chain liquidity, so higher usage can increase fee burn and utility while mechanically reducing circulating XRP, source: XRPL Foundation documentation and RippleX Dev announcement. Trading takeaway: monitor Uniswap fee-switch governance milestones, Ethereum gas-burn intensity, and XRPL AMM volume and TVL because rising protocol revenue or burn rates can support rerating in UNI, ETH, and XRP during risk-off periods, source: Matt Hougan on X and the respective protocol documents.

According to @lookonchain, wallet 0x3136 deposited 512,440 UNI worth $3.64M to Binance after nearly five years of holding, described as a capitulation with a realized loss of $11.64M (-76%) (source: @lookonchain on X, Nov 20, 2025; Arkham Intelligence explorer intel.arkm.com/explorer/address/0x3136ED252D6EC340C7D2fb1285C15aDD1fd4e0fA). The same wallet had previously withdrawn 512,440 UNI from Binance in April 2021 at an average price of $29.83, valued at $15.28M at that time (source: @lookonchain on X, Nov 20, 2025). Based on these figures, the implied transfer price is approximately $7.11 per UNI ($3.64M/512,440), providing traders a reference level for the whale’s exit on Binance (source: calculation from @lookonchain-reported amounts on X, Nov 20, 2025). The on-chain movement increases exchange-available UNI on Binance by 512,440 tokens, which can be monitored via the Arkham Intelligence address page (source: Arkham Intelligence explorer intel.arkm.com/explorer/address/0x3136ED252D6EC340C7D2fb1285C15aDD1fd4e0fA; @lookonchain on X, Nov 20, 2025).

According to @OnchainDataNerd, whale address 0x313 deposited 512.34k UNI (approximately $3.64M) to Binance about 10 minutes ago (source: @OnchainDataNerd, Nov 20, 2025). According to @OnchainDataNerd, the address accumulated these UNI around five years ago at a total cost of $15.29M with an average entry price of $29.84 (source: @OnchainDataNerd). According to @OnchainDataNerd, if the entire amount were sold at the current price, the realized loss would be about $11.65M, reflecting an ROI of -76% (source: @OnchainDataNerd).

According to @OnchainLens, a whale deposited 512,440 UNI worth about $3.64M into Binance after holding the tokens for 5 years, based on Nansen on-chain data (source: @OnchainLens; data: Nansen). According to @OnchainLens citing Nansen, the same address 0x3136ED252D6EC340C7D2fb1285C15aDD1fd4e0fA initially withdrew these UNI from Binance at a valuation of $15.34M and is currently down roughly $11.7M on the position (source: @OnchainLens; data: Nansen). Per @OnchainLens using Nansen data, this transfer places 512,440 UNI on Binance, increasing on-exchange supply by that amount (source: @OnchainLens; data: Nansen).

According to @camillionaire_m, every traditional finance professional she has spoken with who understands how Uniswap works considers it brilliant, indicating strong cross-sector sentiment toward the protocol’s AMM design, source: @camillionaire_m on X, Nov 18, 2025. Uniswap operates as a decentralized exchange using an automated market maker and liquidity pools for on-chain swaps, offering permissionless liquidity and transparent pricing, source: Uniswap Docs. For traders, this positive TradFi feedback serves as a sentiment input when tracking UNI and the DEX sector, with attention to Uniswap liquidity depth and trading volumes, source: @camillionaire_m on X, Nov 18, 2025.

According to @lookonchain (X, Nov 17, 2025), a wallet linked to Amber Group accumulated about 1.41M UNI (~$11M) over the past three days. @lookonchain reports the wallet deposited 1.39M UNI (~$10.98M) to Coinbase Prime about an hour ago, noting it is likely for custody (X, Nov 17, 2025). On-chain records for address 0x011D19410FC79F140C08ffa8301e4153F17F4e27 on Arkham Intelligence show balances and transfers consistent with these figures (Arkham Intelligence explorer, link cited by @lookonchain on X, Nov 17, 2025). Traders can monitor this address and Coinbase Prime flows to assess near-term UNI liquidity using @lookonchain updates and Arkham Intelligence data as references (X, Nov 17, 2025; Arkham Intelligence).

According to @OnchainDataNerd, Amber deposited 1.392M UNI worth about $10.98M to Coinbase roughly 30 minutes ago (source: @OnchainDataNerd). The transfer is linked to address 0x011D19410FC79F140C08ffa8301e4153F17F4e27, which is labeled and traceable via Arkham Intelligence, indicating funds moved to a Coinbase-associated destination (source: Arkham Intelligence; @OnchainDataNerd). Exchange inflows are widely used by traders as indicators of potential near-term sell-side liquidity and are monitored for impacts on UNI spot and derivatives markets (source: Glassnode Academy, Exchange Flows).

According to @ai_9684xtpa, the mid-term altcoin selloff appears finished after five consecutive weekly declines, setting up potential strength for UNI if altcoins rebound, with the view explicitly sourced to @ai_9684xtpa. According to @ai_9684xtpa, UNI is in focus due to the Uniswap fee switch proposal and is not facing historical supply overhang, positioning it as a fundamentally supported outperformer, as stated by @ai_9684xtpa. According to @ai_9684xtpa, UNI has retraced to pre–fee switch proposal price levels, creating a perceived entry advantage, per @ai_9684xtpa. According to @ai_9684xtpa, the bullish thesis is invalidated if UNI breaks below 6.5 USD, offering a clear risk level for traders, as cited from @ai_9684xtpa.