Long-term UNI whale sells entire $10.6M position for 19% gain

An anonymous whale who acquired Uniswap (UNI) at its launch and held the tokens for approximately five years has sold the entire position for $10.62 million, according to on-chain analyst EmberCN. The sale, which occurred earlier today, netted the investor a profit of around $1.72 million, representing a 19% return over the five-year period. This same investor also recently sold 101,000 ETH, which had been held for a similar duration. That sale generated a profit of approximately $269 million, a return of over 400%. The whale reportedly acquired both the ETH and UNI tokens in 2020.