Whales buy the dip on UNI and PEPE after a Binance hacker sell-off triggers a market decline, making a $270,000 profit in 5 hours.

on October 30, Yu Jin stated that the whale "wenyu8888888" bought the dip on UNI and PEPE during the market panic and decline triggered by hackers dumping assets on Binance earlier today. Around 7 a.m., this address spent 2.61 million USDC to purchase 297.9 billion PEPE and 208,000 UNI. Approximately five hours later, the address transferred all of its purchased UNI and PEPE to Gate, valued at around $2.88 million, realizing a profit of approximately $270,000.