Crypto
Uniswap Whale Resumes Token Accumulation
A large Uniswap holder has resumed accumulating UNI tokens after a two-week hiatus. The address purchased 50,700 UNI at $3.94 each using 200,000 USDT, bringing its total holdings to 155,850 UNI acquired for 600,000 USDT.
The investment is currently valued at 621,400 USDT, with UNI trading at $4.02. This transaction follows a previous purchase of 105,150 UNI made with 400,000 USDT two weeks prior.
Nansen data indicates that the Uniswap protocol continues to draw large-holder interest, with technical confluence on the 4-hour chart placing price above the EMA50 support at $3.99 and below the upper Bollinger band resistance at $4.26.