Union Square Ventures transferred 578,000 $UNI tokens to Coinbase Prime in the last nine hours, worth about $8.45 million.
The action is part of a broader trend of movement of Uniswap (UNI) tokens, which got stuck on USV earlier this month, Ember Scan reported. On December 19, the UTIMCO-backed venture capital firm transferred an additional 1.156 million UNI tokens to Coinbase Prime, valued at approximately $17.34 million with an average price of $15.07, according to historical data.
On December 6, 2024, USV began transferring UNI tokens received from an investment in 2020 to Coinbase Prime. The venture capital firm has transferred a total of 3.511 million UNI worth an estimated $54.56 million over the past three weeks. Here the average price of transfer tokens is $15.53.