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    How v3 Launch Impacted UNI Exchange Flows

    Massive hype leading up to the launch, and some depressed volume afterwards. We did see a modest push in the price of UNI leading up to launch, but basically it has remained fairly consistent, though down relative to ETH of course.

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    UNI flows to vs from exchanges around launch

    Leading up to launch, we saw more money moving out of exchanges (which would imply buy-side demand for UNI tokens).

    On launch day itself (the tallest bar!) we did see more deposits than withdrawals.

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