Record High UNI Sits on Exchanges: Sell Pressure Ahead, or Are Whales Right?
Uniswap (UNI) holdings on centralized exchanges have climbed to a record high of 113.9 million tokens, CryptoQuant data shows. Yet, several large wallets are pulling UNI off exchanges and adding to their positions. The token has swung sharply this week. UNI rose 11.9% on Wednesday on plans for CME Group futures, then fell with the The post Record High UNI Sits on Exchanges: Sell Pressure Ahead, or Are Whales Right? appeared first on BeInCrypto.
Key Takeaways
- Uniswap (UNI) holdings on centralized exchanges have climbed to a record high of 113.9 million tokens, CryptoQuant data shows.
- Yet, several large wallets are pulling UNI off exchanges and adding to their positions.
- The token has swung sharply this week.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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