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Uniswap’s “Burn 100 Million UNI” Proposal Implemented Ahead of Schedule, Largest On-Chain UNI Long Position Sees 156% Floating Profit

ChainCatcher reports that Uniswap’s “Unification” proposal has been finalized. On-chain data shows that the proposal currently has over 69 million supporting votes, far exceeding the required 40 million threshold, with community support nearing 100%. Meanwhile, according to Hyperliquid data, UNI has continued to rise since the 20th, reaching a high of $6.5, an increase of approximately 25%, and is currently trading at $6.16.

Additionally, HyperInsight monitoring reveals that the largest UNI long whale (0x10a) on Hyperliquid opened a 10x leveraged long position in UNI at an average price of $5.2 before the voting began, currently with an unrealized profit of $870,000 (154%) and a position size of about $5.6 million. Furthermore, the whale has set take-profit orders in the range of $6.52 to $10 and has not closed the position, maintaining a bullish outlook. Moreover, this new whale address deposited approximately $1.8 million into Hyperliquid on the 19th, subsequently buying the dip and opening multiple long positions in various tokens at different stages. The account currently has a total unrealized profit of $1.87 million, effectively doubling the account’s capital.

Previously, Uniswap founder Hayden Adams’ “Unification” proposal entered the final governance voting stage, with voting starting at 11:30 (Beijing Time) on December 20th and ending on December 26th. If the proposal passes, it will be directly activated after a 2-day lock-up period: burning 100 million UNI; activating the fee switch for Mainnet v2/v3, with related fees used for ongoing UNI burns.