Uniswap Price Soars 122%, $7.8 Target in Sight Amid Whale Accumulation

Uniswap's price has surged by an impressive 122% to $5.14, with Binance whale flows suggesting that large holders are still accumulating rather than selling into strength.

A closer look at the data reveals that roughly 5,300 UNI tokens have been leaving Binance daily on average, reinforcing a bullish supply-side narrative.

The token has broken above a prolonged descending channel and reclaimed the $4.50-$4.80 resistance zone, with its breakout now facing a key confirmation test.

If successful, this could pave the way for Uniswap to reach its next major upside level of $7.80.