Uniswap Foundation moved out $43.3 million worth of UNI tokens in three days.
The foundation allegedly sold $13 million in UNI after notable gains in the coin.
The foundation has barely moved substantial UNI tokens in the past two years.
Uniswap Foundation, the team responsible for supporting the Uniswap (UNI) protocol and ecosystem, has come under scrutiny recently amid the foundation’s massive sale of the ecosystem’s native tokens.
In a recent post on the X (formerly Twitter), the renowned on-chain resource Lookonchain disclosed that the Uniswap Foundation moved 6.8 million UNI tokens worth $29.16 million to a new wallet. The team also moved parts of the UNI coins to FalconX, a crypto brokerage and digital asset trading platform.
Furthermore, Lookonchain noted that the Uniswap Foundation sold off three million un…
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