A cryptocurrency wallet believed to belong to BitMEX founder Arthur Hayes has continued to expand its exposure to Uniswap’s native token, UNI. According to on-chain analyst ai_9684xtpa, the address withdrew another 39,000 UNI from the FalconX cryptocurrency platform within the last hour.
The latest transfer is worth approximately $282,000, pushing the wallet’s total UNI balance to 284,101 tokens. At current market prices, that position is estimated at about $2.007 million. On-chain data shows the wallet’s average UNI acquisition cost is around $7.06 per token, making UNI the third-largest asset held by the address.
The activity suggests continued accumulation by a wallet associated with Hayes, and it highlights how publicly visible on-chain data allows market participants to track large investor behavior in real time. However, the data alone does not confirm a long-term strategy. Still, because the wallet’s average cost is $7.06, UNI price fluctuations directly affect the value of the position, and traders are likely to keep monitoring the address for future moves.
This is not investment advice.