Uniswap

Coin

<ul class="news-points">
 <li><strong>Two whales have accumulated a total of 348,551 UNI tokens since March 1.</strong></li>
 <li><strong>The AO on the UNI/USD daily chart indicated a downward momentum, suggesting a price decline.</strong></li>
 <li><strong>Buying pressure and a potential altcoin season could send UNI’s price to $20.</strong></li>
</ul>
<p>Whales are scooping a large amount of <a href="https://coinedition.com/uniswap-uni-price-prediction/" target="_blank" rel="noopener noreferrer nofollow">Uniswap (UNI)</a> token, according to a post seen by Coin Edition. On March 13, smart money tracking handle on X ‘Lookonchain,’ mentioned that a whale withdrew 86,467 UNI tokens from Binance.</p>
<h2 class="wp-block-heading" id="h-large-purchases-come-in">Large Purchases Come In</h2>
<p>The post also mentioned that the whale has withdrawn a total of 1.09 million UNI, valued at $15.45 million since March 1. However, it was not just one whale involved in the accumulation and exchange withdrawals.</p>
<p>According to Lookonchain, another market participant with the wallet tag “whitzardflow.eth,” borrowed 200,000 USDT from Aave to buy UNI. In total, the second whale holds 262,044 UNI since March 1.</p>
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Whales continue to accumulate <a href="https://twitter.com/search?q=%24UNI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$UNI</a>!<img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f525.png" alt="🔥" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Whale"0x3794" withdrew 86,467 <a href="https://twitter.com/search?q=%24UNI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$UNI</a>($1.23M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> 13 hours ago and has withdrawn 1.09M <a href="https://twitter.com/search?q=%24UNI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$UNI</a>($15.45M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> since Mar 1.<a href="https://t.co/KZzZGG4u0D" target="_blank" rel="noopener noreferrer nofollow">https://t.co/KZzZGG4u0…</a></p>
  </blockquote>
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<p>The post <a href="https://coinedition.com/uniswap-why-whale-accumulation-may-be-the-catalyst-uni-needs/" rel="noopener noreferrer nofollow">Uniswap: Why Whale Accumulation May Be the Catalyst UNI Needs</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Uniswap: Why Whale Accumulation May Be the Catalyst UNI Needs

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