Uniswap's UNI Token Surges 122% as Binance Whale Accumulation Continues

Uniswap's native token, UNI, has experienced a significant surge in price, increasing by 122% from $2.48 to around $5.14.

This growth is accompanied by Binance whale outflows, which indicate large holders are still accumulating rather than exiting into strength.

The latest data shows roughly 5,300 UNI leaving Binance on average each day, reinforcing the supply-side bullish narrative.

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

A successful retest of this zone would confirm the breakout and preserve the higher-low structure, while a decisive break above $6 could target $7.80.