Uniswap: Will a 694% surge in whale activity push UNI past $17?

Source of this Article
AMB Crypto 3 weeks ago 124

  • UNI ($9.00) large transactions have surged by 694% in the last 24 hours.
  • Positive on-chain metrics and a bullish long/short ratio suggest the potential for further price gains.

Uniswap [UNI]  has seen a significant spike in large transactions recently. The asset’s large transactions have surged by an impressive 694% in the past 24 hours, according to IntoTheBlock’s data.

This surge highlights an influx of whale activity, with big-money players potentially driving the market as UNI’s price finds support at the $12 level. 

Historically, heightened whale activity often signals increased confidence in a token. For UNI, it could set the stage for notable price movements.



Facebook X WhatsApp LinkedIn Pinterest Telegram Print Icon


BitRss shares this Content always with Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) License.

Read Entire Article


Screenshot generated in real time with SneakPeek Suite

BitRss World Crypto News | Market BitRss | Crypto Deals | Short Urls
Design By New Web | ScriptNet