Uniswap time-lock contract releases 27.9 million UNI, part of which has been transferred to the exchange

Odaily News According to Ember’s monitoring, the Uniswap time-lock contract released 27.9 million UNI (about $192 million) to two addresses 5 days ago. Among them, 750,000 UNI (about $5.02 million) were transferred to Binance Exchange 6 hours ago.
Ember Analysis pointed out that such large amounts of unlocked tokens entering exchanges usually indicate potential selling pressure. The current circulation of UNI is about 740 million, and the amount released this time accounts for 3.77%. The Uniswap Foundation previously stated that such unlocked funds are mainly used for ecological development and community incentives.