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Monetalis reportedly sold 3.72 million UNI tokens and instead purchased 171,500 HYPE tokens.
  • UNI0%
  • HYPE0%
  • HYPE-0.96%
  • UNI-5.93%

BlockBeats News, August 15th, according to LookIntoChain monitoring, the Monetalis fund-related wallet has reportedly conducted an asset rotation operation. The Monetalis-associated wallet sold approximately 3.72 million UNI through Cumberland, worth around $13 million, and subsequently purchased 171,543 HYPE, worth approximately $9.56 million.

Currently, it cannot be confirmed whether this transaction represents an official position adjustment by the fund, but on-chain data shows a flow of funds from UNI to HYPE.

Source: BlockBeats

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