Hupzy (Spot On Chain)|Aug 14, 2026 12:01
Market maker Cumberland routed 𝟯.𝟳𝟮𝗠 𝗨𝗡𝗜 ($12.6M) into Binance, Coinbase, OKX, and Bybit over 23 hours. UNI fell 𝟭𝟬% from $3.59 to $3.22 over the same window — the distribution is already hitting order books.
𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: A named market maker spreading sells across four exchanges signals broad-based distribution, not a single-venue dump. The 10% drop confirms the flow is translating to price. Watch whether Cumberland has finished or if more UNI is queued — multi-exchange routing suggests this may not be the final tranche.
For UNI, the $3.22 area is where the selling has found a floor so far. If more tokens are queued, the next support test comes quickly. A reclaim of $3.59 would signal the distribution is exhausted.
https://etherscan.io/token/0x1f9840a85d5bf1d1762f925bdaddc4201f984
source: EmberCN
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