Uniswap "Burn 100 million UNI" proposal implemented ahead of schedule, on-chain UNI largest long position preemptively gains 156% profit

The "Unification" proposal from Uniswap has been finalized. On-chain data shows that the current support votes for this proposal have exceeded 69 million, far surpassing the required threshold of 40 million, with community support close to 100%. Meanwhile, according to Hyperliquid data, UNI has been rising since the 20th, reaching a high of $6.5, an increase of about 25%, and is currently reported at $6.16.

Additionally, according to HyperInsight monitoring, the largest long whale on Hyperliquid (0x10a) opened a 10x leveraged long position in UNI at an average price of $5.2 before the voting began, currently realizing a profit of $870,000 (154%), with a position size of about $5.6 million. Furthermore, they have set take-profit orders in the range of $6.52 to $10, which remain unclosed, maintaining a bullish outlook. This new address whale deposited about $1.8 million into Hyperliquid on the 19th and subsequently bottomed out several cryptocurrencies at different stages, with the current total unrealized profit of $1.87 million, having doubled the account funds.

Previously, it was reported that the "Unification" proposal submitted by Uniswap founder Hayden Adams entered the final governance voting phase, with voting starting on December 20 at 11:30 AM (Beijing time) and ending on December 26. If the proposal passes, it will directly initiate after a 2-day lock-up period: the destruction of 100 million UNI; the activation of the mainnet v2/v3 fee switch, with related fees used for the continuous destruction of UNI.