Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»ALTCOIN NEWS»Uniswap – Whale Selling Spreads Fear Among UNI Holders, But…
ALTCOIN NEWS

Uniswap – Whale Selling Spreads Fear Among UNI Holders, But…

By Crypto FlexsJuly 6, 20243 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Uniswap – Whale Selling Spreads Fear Among UNI Holders, But…
Share
Facebook Twitter LinkedIn Pinterest Email
  • Uniswap whales observed selling significant amounts of tokens
  • UNI’s network growth has declined significantly over the past few days.

Uniswap (UNI), one of the largest DEXs (decentralized exchanges) in the crypto space, saw a significant rally earlier this year as bullish momentum built around UNI. However, it is unclear how well the DEX has performed recently, but at the time of writing, interest in UNI seemed to be waning.

The whale swims

According to Lookonchain, a major whale deposited 561,782 UNI, or approximately $4.38 million, on Binance a few hours ago. This deposit is based on a period of accumulation over the past year, and it is the first time the whale has sold UNI during that period.

What’s interesting is that this whale still holds a significant amount of UNI. The remaining balance is 2 million UNI, which is worth $15.48 million.

AMBCrypto’s analysis, based on data from Santiment, also shows that the percentage of large addresses holding UNI has decreased, which suggests that this whale sell-off may be part of a larger trend of decreasing whale interest in UNI.

Source: Santiment

From May 26 to June 17, a triple bottom pattern flashed on the UNI price chart. The token price dropped significantly accordingly. Lower lows and lower highs were highlighted. This indicates a bearish trend. If UNI is to recover in the future, it will have to retest the $9,310 level several times before a reversal is possible.

UNI’s RSI (Relative Strength Index) has also declined to 37.94 over the past few days, indicating that the bullish momentum around UNI has waned.

Additionally, UNI’s CMF (Chaikin Money Flow) has also declined on the charts, indicating that less funds are flowing into the token.

Source: Trading View

What does on-chain data tell us?

Finally, UNI’s network growth has also decreased significantly, which shows that new addresses are losing interest in the token.

Additionally, the price of the altcoin has also dropped significantly over the past few days.

Source: Santiment

The recent Uniswap v4 update could benefit UNI and potentially drive up its price. The key feature of this update is an innovative concept called hooks.


Is your portfolio green? Check out the UNI Profit Calculator


These hooks are essentially small pieces of code designed to run at specific points in the lifecycle of a pool. They can be triggered when a pool is created, whenever a liquidity provider (LP) adds or removes holdings from the pool, or before and after a swap occurs.

Next: Could PEPE’s 14% Price Hike Be the First Step Towards a New ATH?

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

JPMORGAN accepts Bitcoin ETF with loan collateral: How investors can benefit

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

JPMORGAN accepts Bitcoin ETF with loan collateral: How investors can benefit

June 6, 2025

NVIDIA’s BLACKWELL Architecture MLPERF has set up new performance standards.

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025

Bitfinex updates version 1.116 improved platforms

June 6, 2025

Encryption leverage: 2025 trend and change analysis

June 6, 2025

Why DEGO Price tank 60%after moving USD1 Stablecoin

June 6, 2025

SEI Network opens up the way of autonomous AI economy.

June 6, 2025

SEI hit 621K wallet and $ 930m tvL, but two regions should pay attention.

June 6, 2025

Bitcoin Is An Unreplicable Lifeline In Authoritarian Regimes

June 6, 2025

COREWEAVE is a NVIDIA GB200 Super Chip that achieves recorded MLPERF benchmarks.

June 6, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

JPMORGAN accepts Bitcoin ETF with loan collateral: How investors can benefit

June 6, 2025

NVIDIA’s BLACKWELL Architecture MLPERF has set up new performance standards.

June 6, 2025

ZK-Proof Blockchain Altcoin Lagrange (LA) New Coinbase

June 6, 2025
Most Popular

Bitcoin Bottom is a gate and rendering rendering that opens the door of ‘perhaps’, tone, CRO, MNT at $ 80K.

March 31, 2025

Senator Warren urged Trump’s Treasury Department pick to consider stricter cryptocurrency regulation.

January 14, 2025

Blockchain adoption in healthcare faces serious obstacles in Germany.

May 12, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.