A UNI whale that held the tokens for five years sold off 2.493 million units this morning, making a profit of only $1.72 million.

PANews reported on January 31 that, according to on-chain analyst Yu Jin, Diamond Hand, who bought UNI at its listing and held it for 5 years, sold off 2.493 million UNI tokens ($10.62 million) this morning, making a profit of only $1.72 million (+19%) over 5 years.

A whale/institution that recently sold off its entire 101,000 ETH (worth $334 million) held for five years at an average price of $3,313, making a profit of $269 million, liquidated its UNI holdings just three hours ago: transferring all 2.493 million UNI ($10.62 million) to Binance. This whale bought these UNI tokens when they were first listed (October 2020), at an average price of $3.57. After holding them for over five years, it transferred them all to Binance at $4.26, making a profit of only $1.72 million (+19%). Both the whale's ETH and UNI were bought in 2020 and held for five years; the ETH profit was 400%, while the UNI profit was only 19%.