SEC Exemption Boosts Uniswap Price 19% Amid Large Holder Withdrawals

Uniswap's price surged by 19% after the SEC regulatory exemption document addressed on-chain tokenized stocks. The document recognized Uniswap v4's Permissioned Pools as compliant Automated Market Maker infrastructure, expanding its market outlook beyond its role as a decentralized exchange.

The $8.38 million withdrawal from large holders reinforced demand for Uniswap tokens. Two newly created wallets withdrew 1.07 million UNI tokens from Binance, Bybit, and OKX, reducing the immediately tradable supply during price expansion.

Uniswap's breakout beyond the $7.515 resistance level has shifted attention towards defending newly reclaimed key price levels. The bulls need to protect the $7.515 support zone to preserve technical strength.