🚨On-chain activity: 1.39 million UNI transferred to exchanges, raising concerns about underlying fund relationships

On-chain data shows that address 0xb5E…Fc24e deposited a total of 1.397 million UNI into three exchanges 2 hours ago, worth approximately 4.6 million USD.
Even more noteworthy is the fund relationship:
One of the deposit addresses has interacted multiple times with DeFiance Capital, which is an investor in Aave and LayerZero. These two are also believed to be somewhat connected to the recent KelpDAO attack incident.
Such on-chain fund flows are often interpreted by the market as potential fund reallocation or risk management actions.
When large amounts of tokens enter exchanges, it also indicates that the market needs to pay attention to short-term liquidity and selling pressure changes.
In the crypto market, price is just surface; fund flow is the true signal.
💡Motivational Quote:
Ordinary people watch the market rise and fall, smart people watch fund flows, and truly skilled people often prepare before others understand.