A certain whale/institution deposited 1.19 million UNI into Binance, incurring a loss of 914,000 USD

According to market news, a whale/institution deposited 1.19 million UNI (worth approximately 10.54 million USD) into Binance, incurring a loss of 914,000 USD.

This whale/institution accumulated these UNI tokens from Binance and Flowdesk at a total cost of approximately 11.45 million USD between February 5, 2025, and October 12, 2025.