Uniswap Token Price Surges Past $4 as Large Investors Boost Buying
Uniswap's native token, UNI, surged by 11% in 24 hours to reclaim the key $4 price level it had not seen since early May.
The increase was largely driven by large investors, including Wintermute and Cumberland-linked wallets, which stepped up buying activity.
Trading volume rose sharply, with open interest, futures volume, and spot buying all increasing as UNI targets the $4.5, $4.8 resistance zone.