🐋 FLOW OF FUNDS REVOLVING? WHEN THE WHALE SELLS ALL GOLD & $ETH TO ALL-IN ON $UNI

Smart Money is showing signs of shifting from safe-haven assets to blue-chip DeFi tokens.

Recently, a whale made a bold move by liquidating both the Gold$XAU token and ETH to funnel capital into UNI.

🔷 According to reports from Arkham, this whale has just executed large sell orders on the foundational assets in the portfolio:

- Sold 242 XAUT valued at $1.19 Million USD.

- Sold 461 ETH valued at $985,000 USD.

The total liquidation value from these two assets is about 2.17 Million USD. The sale of XAUT indicates that this whale wants to exit a defensive position in search of higher profits.

🔶 Immediately after having liquidity, this whale used all the funds to buy governance tokens from the largest DEX platform in the market.

- Purchased a total of 682,087 UNI, amounting to $2.58 Million USD.

The action of converting from XAUT/ETH to UNI is a strong bullish signal for Uniswap.

It shows that this whale is expecting superior growth in the DeFi sector or has confidence in the upcoming updates of the Uniswap ecosystem, accepting higher risks compared to holding Gold or ETH.

This article is for reference only and is not investment advice. Please read and consider carefully before making any decisions.