Recent news shows that the well-known American venture capital firm USV (Union Square Ventures) has recently reduced its holdings of a large amount of UNI tokens. According to blockchain data analysis, USV transferred approximately 731,000 UNI to the CoinbasePrime platform in the past 8 hours. Based on the current market price, this transaction is worth about $7.43 million.

This is not the first time USV has sold a large amount of UNI. Looking back to December last year, the institution sold 3.511 million UNI at an average price of $15.53, totaling up to $54.56 million. This reduction in holdings comes 8 months after the last one.

It is worth noting that despite this reduction, USV still holds a considerable reserve of UNI. According to the latest data, the institution currently holds 9.675 million UNI, which is approximately $96.65 million in market value.

USV's handling strategy for the UNI Token as an early investor has always attracted market attention. This reduction in holdings may be due to various considerations, such as portfolio rebalancing, liquidity management, or market outlook judgments. In any case, USV's actions could have a certain impact on UNI's market performance, and it is worth investors continuing to pay attention to the subsequent developments.