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1.5 million UNI addresses across Unichain confirmed to belong to Ring Protocol

2025-04-29 05:12

Odaily News According to the update by on-chain analyst @ai_9684xtpa, the address of 1.5 million UNI (about 8.12 million US dollars) that was transferred to Unichain half an hour ago has been confirmed to belong to the DEX project Ring Protocol, not the crypto venture capital Continue Capital. Previously, because Continue Capital participated in the pre-seed round of financing of Ring Protocol, there was a fund exchange between the two parties, which led to a misjudgment of the address ownership.