A Major Whale Faces a $535,000 Unrealized Loss on UNI Swing Trades, Continues Averaging Down to Reduce Costs
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According to Jinse Finance, on-chain analyst Ai Yi (@ai 9684xtpa) has monitored that a certain whale converted 1,090 ETH into 415,005 UNI on August 13. After the price of UNI dropped, this address purchased an additional 115,005 UNI 10 hours ago to lower the average holding cost. So far, this address has invested a total of $6.26 million to buy UNI, with an average holding cost of $11.82 per UNI, and is currently facing an unrealized loss of approximately $535,000.
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