Yesterday, we noticed that 500k of the 1m UNI received by the DeFi Education Fund was sold for USDC without explanation. DeFi Education Fund is dumping 500k $UNI all at once for $10.2M in USDC. Why in the hell do they need $10.2M all at once? Why not

Today, the following letter was sent to a16z, arguably the most prolific and powerful venture capital firm in DeFi. a16z has major token holdings and voting rights in critical DeFi projects including Uniswap, Compound and Maker. Follow Chris Blec on Twitter for updates. Here is the text of the letter: