BlockBeats News, November 11th, according to on-chain analyst Yu Jin’s monitoring, after Uniswap’s founder proposed enabling a fee switch to burn UNI through fees and put forward a proposal to pre-burn 1 billion treasury UNI, UNI surged by 46%.
However, after this proposal was released, a UNI investment firm (possibly Variant Fund) transferred 2.818 million UNI (27.08 million USD) to Coinbase Prime. Subsequently, a large amount of UNI was dispersed from Coinbase Prime to Binance, OKX, Bybit, and other CEXs.
