UNI governance voting triggers whale staking, giant whales close 40% of short positions, prediction market probability soars to 85%

【CoinPush】The Unification proposal by Hayden Adams, founder of Uniswap, has officially entered the final governance voting stage, a critical moment that has sparked intense on-chain trader battles.

According to on-chain data monitoring, the largest UNI short whale has begun large-scale position adjustments since 13:00 yesterday, closing over 40% of its short positions. The whale’s current holdings have shrunk to $2.79 million, with unrealized gains of $1.22 million (turnover profit of 437%), an average price of $7.46, and a liquidation price set at $5.19. The logic behind this move is clear—the probability of the proposal passing has sharply increased, raising short risk.

Interestingly, another whale address 0x413c, which had been accumulating UNI long positions since the 17th, boldly added to its position at an average price of $4.9 just two hours before the final vote, with unrealized gains exceeding 50%. However, due to the price decline, it ultimately chose to take profits and exit with a small profit of about $36,000.

Market expectations are more straightforward. On the Polymarket prediction platform, the “Yes” option regarding whether the Uniswap protocol fee switch will be enabled before December 31, 2025, surged by 69%. Over 20 addresses followed suit and bought in, with the implied probability now rising to 85%.

Voting will commence at 11:30 on December 20 (Beijing time) and run until December 26. If approved, 100 million UNI will be burned directly, and the mainnet v2/v3 fee switch will be activated for continuous burning. After the announcement, UNI temporarily surged by 10%.