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UNI Price Sinks 18% While Whales and Exchanges Move Opposite Ways

BeInCrypto
UNI Price Sinks 18% While Whales and Exchanges Move Opposite Ways

Whales pulled Uniswap (UNI) tokens off Binance at the fastest pace in five years, a sign of conviction among the token’s largest holders. The price has moved in the opposite direction, with UNI down 18% over the past week. The withdrawals suggest large holders are looking past the slide rather than joining it. Whales Pull The post UNI Price Sinks 18% While Whales and Exchanges Move Opposite Ways appeared first on BeInCrypto.

Key Takeaways

  1. Whales pulled Uniswap (UNI) tokens off Binance at the fastest pace in five years, a sign of conviction among the token’s largest holders.
  2. The price has moved in the opposite direction, with UNI down 18% over the past week.
  3. The withdrawals suggest large holders are looking past the slide rather than joining it.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.