Whale moves $12.8M UNI to Wintermute on OTC suspicion
Uniswap (UNI)
Editor:
Eugene Serbin
lookonchain.com reports that a crypto whale transferred 1.37 million UNI tokens, valued at approximately $12.83 million, to Wintermute’s hot wallet. The transaction occurred via an intermediate address, with the whale previously withdrawing the tokens from Coinbase Prime at 11:00. The aggregated transfer to Wintermute happened roughly five minutes after the withdrawal.
This movement is suspected to be an over-the-counter (OTC) position reduction. The specific address involved is 0x47c979286d5a701d47b87aecb15f919eeaba2b8e. The report also notes that an address linked to BlackRock withdrew approximately $127 million worth of BTC and ETH from Coinbase Prime. Other market activity included a whale adding nearly $12 million in positions against the market trend, primarily taking ETH long positions.
Additionally, a $PEPE whale transferred all 2.1T tokens, worth $52 million, to a new address after being dormant for 600 days. A smart AI coin trader reportedly made $17.6 million trading $GOAT, $ai16z, $Fartcoin, and $arc. The source listed several other events, including Solana Foundation’s update on slot targets and a trader profiting $448K from Binance listings.
How the market reacted
Whalio's own Binance spot order flow for UNI, measured when this story was written up on 28 September 2026. Not the outlet's figures.
UNI is trading at $9.68 with a 1-hour buy ratio of 53.3% and a 4-hour buy ratio of 51.3%. These short-term ratios are higher than the 24-hour buy ratio of 50.3%, indicating that buying pressure is currently building. The volume delta shows positive inflows of +$288,372 in the last hour and +$713,078 over four hours. This positive volume delta means that buy volume is exceeding sell volume in these periods. Over the past 24 hours, the cumulative volume delta closed at -$4,181,388, showing a net outflow over the full day. Spot volume reached $65,096,632 with 319,648 trades executed.
The latest daily buy ratio of 45.7% sits at the 13th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for UNI, averaged over the days leading up to the story.
The 24-hour buy ratio of 50.3% is slightly lower than the 7-day average buy ratio of 50.6%, a difference of 0.3 percentage points. Trading volume is currently at 0.55x the weekly average, indicating a quieter day than usual. The coin has seen a price change of +10.9% over the last 8 days. Total volume delta for the week stands at +$16,004,386. This suggests that while short-term buying is intensifying, the overall volume remains below the recent weekly norm.