Three addresses transfer UMA to CEX after UMA rises

Bitget App

Trade smarter

Cointime2024/01/21 04:35

By:Cointime

UMA project team announced the launch of a new product next week to recover tens of millions of dollars in losses caused by MEV in lending agreements. UMA rose 241% (from $1.97 to $6.73) as a result. Three addresses transferred UMA to CEX after the price increase and made a profit.

·Address 0x3b8 withdrew 190,168 UMA (worth $370,000) from Binance at a price of $1.97 on November 28, 2023, and transferred it back to Binance at a price of $3.7 on January 19, realizing a profit of $330,000 (+88%).

·Address 0x276 withdrew 374,989 UMA (worth $770,000) from Coinbase Prime at a price of $2.06 a year ago, and transferred 187,495 UMA (worth $1 million) back to Coinbase Prime at a price of $5.33 on January 20, realizing a profit of $610,000 (+158%).

·borntoolate.eth staked 1.34 million UMA (worth $6.38 million), withdrew 142,491 UMA (worth $760,000) as a staking reward on January 20, and transferred it to Coinbase at a price of $5.33.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

President-elect Donald Trump is open to creating an “America-first” crypto reserve prioritizing U.S.-based coins like USDC, SOL and XRP, the New York Post reported, citing sources familiar with the matter.XRP hit a new all-time high of around $3.39 via major crypto exchanges on Thursday for the first time since January 2018, following a 16% surge in 24 hours and a 455% rise over the past quarter.A Litecoin ETF is the “most likely” next spot crypto ETF to be approved in the U.S., according to Bloomberg anal

The Block•2025/01/16 19:00