Uniswap's Team/Investor/Advisor wallet 0xa7e just deposited the very first 1.3M UNI ($9.01M) to Coinbase Prime:

• transaction: 0x7763e37b975d3d7da10a21a7dc8d2600e7480de036c799ed8e2c0ccce92df871
• address: 0xa7e2067268901e118bbe0c132c17959c9ab929b6

Notably, the wallet received 9M UNI from Uniswap on September 17, 2020, when the price was $3.44 ($30.96M) and now still holds 7.7M UNI ($53.26M).

Overall:

• Since July 4, 2024, two dormant wallets that received UNI from Uniswap have deposited a total of 10.303M UNI ($79.7M) to Coinbase Prime at an average price of $7.738.
• As mentioned in the previous UNI signal, there are 9 other dormant Uniswap-linked wallets currently holding 98.33M UNI ($676M), or 9.8% of the total supply. These wallets may also wake up and start to unload their UNI tokens soon (more details here).

Fig 1. The current holding of Uniswap's Team/Investor/Advisor wallet 0xa7e.

Fig 2. Two Uniswap-linked dormant wallets have deposited 10.303M UNI ($79.7M) to Coinbase Prime since July 4, 2024.