Whale 0xfa93 Capitulates on $62M UNI and COMP Position — Down $39.7M!

A major on-chain whale, wallet address 0xfa93, has begun unwinding a position in Uniswap's UNI and Compound's COMP tokens that was accumulated roughly ten months ago at a combined entry value of approximately $62.8 million. The wallet has already deposited 2.705 million UNI (worth around $9.23 million) and 114,352 COMP (worth around $2.31 million) into Binance, signalling an intent to sell rather than simply move custody.

At current prices, the total position — originally 5.41 million UNI and 228,704 COMP — has shed over $39.7 million in value since entry. The move to Binance is a classic capitulation signal: the whale is locking in a loss rather than waiting for a recovery that hasn't materialised after nearly a year.

For DeFi token markets, a single whale offloading positions of this size through a centralised exchange creates visible sell-side pressure.