Uniswap Price Plummets Amid Rising Whale Activity

Uniswap price has plummeted amid a surge in large trading volumes.

Azcnews Uniswap Price Plummets Amid Rising Whale Activity

Data from IntoTheBlock shows that Uniswap has seen a surge in large-scale transactions. Specifically, a 200% increase in large-scale transactions over the past 24 hours suggests that the “big players” in the market are making significant moves.

However, it is unclear whether these whales are accumulating Uniswap tokens in preparation for a price increase or are ready to unload.

Declining Exchange Inflows Add to the Mystery

Uniswap Exchange Inflow Total All Exchanges
Uniswap Exchange Inflow Total All Exchanges

While whale activity is on the rise, exchange inflows have cooled. According to data from CryptoQuant, the amount of tokens transferred to exchanges over the past three days has dropped sharply.

Typically, this downward trend is a sign that traders are holding onto their assets rather than preparing to sell. However, the decline in inflows could also reflect waning retail investor interest.

Uniswap Price Plunges Despite Market Activity

Uniusd Chart
Uniusd Chart

Complicating matters, Uniswap has dropped by 9% in less than 48 hours. This sharp drop suggests that bears are in control.

However, looking at longer time frames, Uniswap’s price action is still bullish. This suggests that the altcoin may just be in a short-term correction before a stronger rally.

Technically, the price could drop to test the key support level of $12 – a former resistance level that turned into support during the recent rally.

A look at liquidation data from Coinglass could provide the expected answer. Around 818,000 UNI could be liquidated if the price continues to fall towards $12.

The altcoin is likely to drop further towards $12 before a potential rally, thanks to increased buying pressure from whales.

(2 votes)

5.0/5

(2 votes)

Latest

X402 Token Surpasses $800 Million Market Cap After Launch On Bnb Chain

News | Altcoin | Editor Choice

x402 Token Surpasses $800 Million Market Cap After Launch on BNB Chain

Just one day after launching its new version on BNB Chain, the x402 ecosystem stunned the market as its market capitalization soared past $800 million, marking a remarkable milestone for the web-based payment protocol developed by Coinbase.

4 U.s. Economic Events Set To Strongly Impact The Crypto Market This Week

News | Editor Choice | Policy & Regulations

4 U.S. Economic Events Set to Strongly Impact the Crypto Market This Week

This week, global investors are holding their breath as a series of major U.S. economic events approach — developments that could determine the direction of financial markets and trigger sharp volatility in Bitcoin and other cryptocurrencies.

Ethereum Surges Again As Supply Becomes Increasingly Scarce

News | Altcoin | Editor Choice

Ethereum Surges Again as Supply Becomes Increasingly Scarce

Ethereum is entering a phase of supply scarcity as hundreds of thousands of ETH are withdrawn from Binance, fueling expectations of a powerful price breakout in the near future.

Us China Trade Truce Sparks Bitcoin Rally

News | Bitcoin | Editor Choice

US-China Trade Truce Sparks Bitcoin Rally

The easing of US-China trade tensions has injected new momentum into the cryptocurrency market, propelling Bitcoin’s rally ahead of a pivotal week filled with major economic and diplomatic events.

Whales Dump Xrp Can Ripple Still Aim For The $5 Breakout

News | Altcoin | Editor Choice

Whales Dump XRP: Can Ripple Still Aim for the $5 Breakout?

XRP faces a defining moment as whales unleash massive sell-offs, leaving investors anxious over whether the token will rocket to $5 or crash back down to $2.

Screenshot 2025 10 20 091338