A newly created wallet address withdrew 1 million UNI from Coinbase approximately two hours ago, valued at roughly $10.07 million based on a withdrawal price of $10.07 per token. The large transfer coincided with UNI breaking above the $10 level to reach a new yearly high. The destination address "0xf678…40F6b" was created specifically for this transaction, suggesting deliberate accumulation or strategic positioning amid the current price rally. This significant outflow from centralized exchange reserves occurs as market activity around the governance token intensifies.