Uniswap (UNI) fell below $2.50 for the first time in five years, leaving the token more than 90% below its 2021 all-time high of around $45. Despite the decline, on-chain data shows whale accumulation accelerating, with the 10 largest UNI withdrawals from Binance reaching their highest monthly average in five years. Some daily outflows exceeded 10,000 UNI, suggesting large investors are accumulating during the price correction as they position for Uniswap’s long-term growth.
Was this writing helpful?
Trust with CoinPedia:
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
Investment Disclaimer:
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored and Advertisements:
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.