VariantFund, the suspected investment firm behind UNI, transferred $27.08 million worth of UNI to Coinbase Prime.

Following the release of the Uniswap proposal, an investment firm (possibly VariantFund) transferred 2.818 million UNI tokens (US$27.08 million) to Coinbase Prime. Subsequently, a large amount of UNI was dispersed from Coinbase Prime to centralized exchanges such as Binance, OKX, and Bybit.