a16z crypto just transferred a total of 2.00M UNI ($12.5M) to five fresh addresses. Among them:

• three addresses 0xd95, 0x83b, and 0x3b9 received 500,000 UNI ($3.13M) each
• two addresses 0xbd1 and 0x53f received 250,000 UNI ($1.56M) each

Fresh address list and related entity:

• address 1: 0xd95687cb00dc47c77f7dabb5dc89d7aed72422c4
• address 2: 0x83b718ef19943ffa1cba76c528d758640f5b8376
• address 3: 0x3b93892aceb2d2745ddb041354339239f6211d0a
• address 4: 0xbd1c7c4b9d8b2d9e2e82bed732433247dcd731fc
• address 5: 0x53fd418c1644ed2975f9df772fa6a2fb5056644b
• a16z crypto entity here

Notably, a16z crypto has not been active with UNI lately. In the past year, apart from intra-organization transactions, a16z only transferred out 3.5M UNI (then $22.8M) to 2 addresses, which then further distributed those tokens to 8 other ones. None of those tokens were deposited to exchanges or sold.

As such, it is most likely that the transfers just now were just internal transactions.

Currently, a16z crypto still holds 58.50M UNI ($366M) across 33 addresses.

Fig 1. a16z crypto's latest UNI transactions.

Fig 2. a16z crypto's current holding.