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Same dip. Two whales. Opposite conclusions. After $UNI fell, wallet 0xd42B spent $1.5M USDC to buy 159,698 UNI in one trade. Another wallet sold 788,000 UNI at $8.85, locking roughly $2.04M profit after buying below $6.30. Meanwhile, exchange reserves just hit a record 113.9M UNI. This chart isn’t lacking conviction. It has two competing versions of it.