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Hayes Drops Over $2M on UNI as Token Defies Key Resistance

Guavy AI Editorial Team
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ADA UNI
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Arthur Hayes has purchased $2.01 million worth of UNI tokens over two days.

The former BitMEX CEO acquired 284,100 UNI tokens through address 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21.

Of these, 244,410 UNI tokens were bought yesterday for $1.73 million and the remaining 39,690 UNI tokens were acquired today for $280,000.

The current price of UNI is holding above key support levels at $6.06 (EMA50) and $4.81 (EMA200), with a MACD reading of 0.37 indicating a continued bullish trend.

UNI's price action is currently contained within its Bollinger bands, with an upper band at $7.54 acting as immediate resistance and the lower band at $5.74 providing short-term support.

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