Uniswap Price Surges 122% as Binance Whales Keep Buying

Uniswap's price has surged 122% from $2.48 to around $5.14, and data suggests that large Binance holders are accumulating rather than selling.

The latest figures show approximately 5,300 UNI leaving Binance on average each day, supporting the supply-side bullish narrative.

UNI has broken above a prolonged descending channel and reclaimed the $4.50-$4.80 resistance zone.

With the breakout now facing its key confirmation test, $7.80 has emerged as the next major upside level to watch.