Three wallets (likely one person) jointly deposited 220,574 UNI ($2.69M) to Binance at $12.19:

• transaction 1: 0xc34d2fa693777007d11f76bc2f8b5855ad6e8d76c4fb385c81470ab2e10b40c1
• transaction 2: 0xfa5fe6ed380a1fb34e3742c2dd83f42e14a13ce1b07ac79fcd050fd58ddf87d2
• transaction 3: 0x25e86ddccf1e935da120d7ffc55e1ac7ba0a795d0a56ba8cbeeb899bc564289e

• address 1: 0xddc2a41fa74950f76960d9f0be6b1fe7eec06d7a
• address 2: 0x5fa16fc90b7db758563367360ed98bbbdc3f8ec3

• address 3: 0x9979d32e89f244af580377e5d18615a26657c41c

Notably, the wallets:

• withdrew 290,550 UNI from Binance at $5.62 on average ($1.63M) between March 28, 2023, and December 24, 2023, mostly at lows;
• has deposited all the tokens back to Binance at $10.74 on average ($3.12M) on November 24, 2023, and February 23, 2024, mostly at price pumps;
• realized an estimated profit of $1.49M (+91%) from UNI if truly buying and selling.

The UNI price just pumped 60.10% in the past hour after Uniswap proposed a revenue-sharing mechanism for UNI holders.

Fig 1. Three wallets' overall UNI trading history.