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TechFlow, on November 12, according to on-chain analyst Ember (@EmberCN), UNI token rose to $10 in the early hours of yesterday, driven by the fee-based buyback and burn proposal. Within one day, at least 14.18 million UNI worth approximately $130 million flowed into exchanges. As a result, the UNI price dropped back to around $8.
According to on-chain analyst Ember (@EmberCN), after UNI token rose to $10 in the early hours of yesterday due to the fee buyback and burn proposal, at least 14.18 million UNI worth approximately $130 million flowed into exchanges within one day. Affected by this, UNI's price dropped back to around $8.
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