Uniswap's "Burn 1 Billion UNI" Proposal Implemented Ahead of Schedule, On-chain UNI Whale's Maximum Long Position Scores 156% Unrealized Gain

**Uniswap “Unification” Proposal Approved; UNI Rallies 25% on Catalyst** December 22 — The Uniswap “Unification” proposal has been approved. On-chain data shows support for the measure exceeds 69 million votes, far clearing the 40 million vote threshold with nearly 100% community backing. Per Hyperliquid data, UNI has trended upward continuously since December 20, hitting a high of $6.5 (a 25% gain) and currently trading at $6.16. HyperInsight (via its Telegram channel) notes Hyperliquid’s largest UNI whale (address: 0x10a) opened a 10x leveraged long position in UNI at an average $5.2 **before voting kicked off on December 19**. The position now holds an $870,000 profit (154% return) with a ~$5.6 million size. The whale has placed take-profit orders ranging from $6.52 to $10 and has not closed the position, signaling a bullish outlook. Additionally, this new whale deposited ~$1.8 million into Hyperliquid on December 19, then dollar-cost averaged (DCA) into multiple tokens across stages. The account’s total profit now stands at $1.87 million, effectively doubling its initial funds. **Proposal Details** Uniswap founder Hayden Adams’ “Unification” proposal entered final governance voting on December 20 at 11:30 AM Beijing time (voting wraps up December 26). If approved, it will activate 2 days after a lockup period: - Burn 1 billion UNI tokens - Activate the mainnet v2/v3 fee switch (fees fund ongoing UNI burns)