According to on-chain analyst Ember Monitoring, on January 19, the UMA project team tweeted that it would launch a new product next week to recover the tens of millions of dollars lost to lending protocols every year due to MEV. As a result, the UMA token price increased by 241% (from $1.97 to $6.73). Three addresses profited by transferring UMA to CEX after the rise.
The address starting with -0x3b8 withdrew 190,168 UMA (approximately US$370,000) from Binance on November 28, 2023 at an average price of US$1.97, and transferred it to Binance at an average price of US$3.7 on January 19, realizing a profit of US$330,000. (+88%).
-The address starting with 0x276 withdrew 374,989 UMA (approximately US$770,000) from Coinbase Prime a year ago at an average price of US$2.06, and transferred 187,495 UMA (approximately US$1 million) on January 20 at an average price of US$5.33. Coinbase Prime achieved a gain of $610,000 (+158%).
-borntoolate.eth has 1.34 million UMA (approximately $6.38 million) pledged in UMA. On January 20, it withdrew 142,491 UMA (approximately $760,000) as staking rewards, and then transferred them to Coinbase at an average price of $5.33.