{"id":73066,"date":"2026-05-26T00:17:49","date_gmt":"2026-05-26T00:17:49","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/whale-who-spent-62m-on-uniswap-and-compound-tokens-is-now-selling-at-a-39-7m-loss\/"},"modified":"2026-05-26T00:17:49","modified_gmt":"2026-05-26T00:17:49","slug":"whale-who-spent-62m-on-uniswap-and-compound-tokens-is-now-selling-at-a-39-7m-loss","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/whale-who-spent-62m-on-uniswap-and-compound-tokens-is-now-selling-at-a-39-7m-loss\/","title":{"rendered":"Whale Who Spent $62M on Uniswap and Compound Tokens Is Now Selling at a $39.7M Loss"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Wallet 0xfa93 is offloading 5.41M UNI and 228,704 COMP bought for $62.83M in July 2025, down $39.7M.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The whale deposited 2.705M UNI ($9.23M) and 114,352 COMP ($2.31M) into Binance on May 25, 2026.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">UNI is trading close to $3.40 today, roughly 64% below the whale\u2019s $9.52 entry price from 10 months ago.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2><span style=\"font-weight:400\">A $62 Million Bet That Went Wrong<\/span><\/h2>\n<p><span style=\"font-weight:400\">In July 2025, a wallet identified as 0xfa93 made a concentrated bet on two of <span>decentralized finance<\/span>\u2019s ( <span>DeFi<\/span>) most established governance tokens. First, the wallet accumulated 5.41 million UNI, the governance token of Uniswap, the largest <span>decentralized exchange<\/span> by <span>trading volume<\/span> (at approximately $9.52 per token and spending roughly $51.53 million). <\/span><\/p>\n<p><span style=\"font-weight:400\">It then bought 228,704 COMP, the governance token of the Compound lending protocol, at approximately $49.41 per token, shelling out a further $11.30 million and bringing its total outlay to $62.83 million.<\/span><\/p>\n<figure id=\"attachment_816962\" aria-describedby=\"caption-attachment-816962\" style=\"width:747px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-816962\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">However, just ten months later, the position has gone deep underwater, with onchain data showing that the wallet is capitulating. Earlier today, it deposited 2.705 million UNI worth $9.23 million and 114,352 COMP worth $2.31 million into Binance. UNI has fallen roughly 64% from the trader\u2019s $9.52 entry to approximately $3.36 today, while COMP has shed approximately 59% from $49.41 to around $20.21. <\/span><span style=\"font-weight:400\">The combined loss on the full position has exceeded $39.7 million.<\/span><\/p>\n<p><span style=\"font-weight:400\">The Binance deposits represent approximately half of the original holdings, meaning the remaining lot may follow in the near future. Moreover, exchange deposits of this size are widely interpreted as a sign of potential open-market selling rather than custody transfers, especially given that Binance is the world\u2019s largest spot trading venue.<\/span><\/p>\n<h2><span style=\"font-weight:400\"> <span>DeFi<\/span> Governance Tokens Remain Under Pressure<\/span><\/h2>\n<p><span style=\"font-weight:400\">Uniswap remains the dominant <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-dex\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">decentralized exchange<\/a> by <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-trading-volume\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">volume<\/a>, and its \u201cUNIfication\u201d governance proposal, approved in December 2025, activated a fee switch that redirects a portion of trading fees toward buying back and burning UNI tokens. <\/span><\/p>\n<p><span style=\"font-weight:400\">Despite that structural support, UNI has traded below $4 for most of 2026, a fraction of its 2021 highs above $40. Compound has faced intensifying competition from Aave and newer lending platforms, and COMP has remained persistently weak as a result.<\/span><\/p>\n<p><span style=\"font-weight:400\">Additional data offered by popular <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> sleuth <\/span><span class=\"css-1jxf684 r-bcqeeo r-1ttztb7 r-qvutc0 r-poiln3\">@ai_9684xtpa s<\/span><span style=\"font-weight:400\">uggests the <\/span><a href=\"https:\/\/twitter.com\/ai_9684xtpa\/status\/2058811995147943973\" target=\"_blank\" rel=\"noopener noreferrer\"><span style=\"font-weight:400\">wallet may have connections<\/span><\/a><span style=\"font-weight:400\"> to IOSG Ventures, a prominent <a href=\"http:\/\/www.bitcoin.com\/get-started\/a-quick-introduction-to-crypto\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">crypto<\/a> venture capital firm. That said, this attribution has not been independently confirmed.<\/span><\/p>\n<figure id=\"attachment_816964\" aria-describedby=\"caption-attachment-816964\" style=\"width:759px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-816964\" src=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/05\/whale-who-spent-62m-on-uniswap-and-compound-tokens-is-now-selling-at-a-39-7m-loss2_nwmk.jpg\" alt=\"\" width=\"759\" height=\"529\" srcset=\"https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/05\/whale-who-spent-62m-on-uniswap-and-compound-tokens-is-now-selling-at-a-39-7m-loss2_nwmk-300x209.jpg 300w, https:\/\/static.news.bitcoin.com\/wp-content\/uploads\/2026\/05\/whale-who-spent-62m-on-uniswap-and-compound-tokens-is-now-selling-at-a-39-7m-loss2_nwmk.jpg 759w\" sizes=\"auto, (max-width: 759px) 100vw, 759px\"\/><figcaption id=\"caption-attachment-816964\" class=\"wp-caption-text\">Image source: X<\/figcaption><\/figure>\n<p><span style=\"font-weight:400\">When deep-pocketed early buyers exhaust patience and begin selling, it can add sustained downward pressure on already weakened assets. Whether wallet 0xfa93 clears the full remaining position will be in the days ahead.<\/span><\/p>\n<p> <!-- --><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/news.bitcoin.com\/uniswap-compound-whale-39m-loss-capitulation-may-2026\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Wallet 0xfa93 is offloading 5.41M UNI and 228,704 COMP bought for $62.83M in July 2025, down $39.7M. The whale deposited 2.705M UNI ($9.23M) and 114,352 COMP ($2.31M) into Binance on May 25, 2026. UNI is trading close to $3.40 today, roughly 64% below the whale\u2019s $9.52 [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":73067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73066"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73066"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73067"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}