Uniswap

Lens

Reversal

CoW Protocol

<ul>
 <li>Whales withdraw 55,000 UNI from exchanges in one day, exceeding the 37,000 removed during previous trading session.</li>
 <li>Large purchase of 153,975 UNI worth $1.5 million on CoW Protocol signals accumulation phase despite market decline.</li>
</ul>
Uniswap’s token has slipped under the $10 mark after holding above it for the past month. The decline coincides with whale activity that suggests accumulation rather than distribution.
A whale has spent $2.3M $USDC to buy:
<ul>
 <li>153,975 $UNI for $1.5M at $9.74 276.78 $MKR for $500K at $1,806 4.85M $SPK for $300K at $0.062</li>
 <li>Address: 0x6df12efc08304fd9b0b727d0ab7b07c8a5ddac72</li>
</ul>
Data: @nansen_ai
In August, crypto markets often follow bearish patterns, but this cycle brought a different outcome. Traders are now watching September as the potential dip before the usual fourth-quarter rallies.
<blockquote class="twitter-tweet">
 A whale has spent $2.3M <a href="https://twitter.com/search?q=%24USDC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$USDC</a> to buy:
 – 153,975 <a href="https://twitter.com/search?q=%24UNI&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$UNI</a> for $1.5M at $9.74 – 276.78 <a href="https://twitter.com/search?q=%24MKR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$MKR</a> for $500K at $1,806 – 4.85M <a href="https://twitter.com/search?q=%24SPK&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$SPK</a> for $300K at $0.062
 Later moved these funds for LP.
 Address: 0x6df12efc08304fd9b0b727d0ab7b07c8a5ddac72
 Data <a href="https://twitter.com/nansen_ai?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@nansen_ai</a> <a href="https://t.co/HgOAKtrebH" rel="noopener noreferrer nofollow">pic.twitter.com/HgOAKtrebH</a>
 — Onchain Lens (@OnchainLens) <a href="https://twitter.com/OnchainLens/status/1963454319413641628?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 4, 2025</a>
</blockquote>

OnchainLens data indicates that whales are re-entering the market. One transaction drew attention: a purchase of 153,975 UNI valued at $1.5 million executed on CoW Protocol. The buyer also acquired Maker and Spark before moving funds into liquidity pools. 
At the same time, UNI has been leaving exchanges, a process commonly associated with accumulation phases. Around 55,000 tokens were withdrawn in one day, compared to 37,000 the day prior.
<figure style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" src="https://www.ethnews.com/wp-content/uploads/2025/09/Uniswap-Exchange-Netflow-Total-All-Exchanges.png" alt="Uniswap-Exchange-Netflow-Total-All-Exchanges" width="2048" height="1152">
 <figcaption>
 Source: CryptoQuant
 </figcaption>
</figure>
Earlier, 400,000 UNI had been sent to exchanges on September 1, pushing the price down to $9.35. Since then, withdrawals have increased, reducing the available supply on trading venues. Historically, such conditions have prepared the ground for price reversals.
Technical charts show UNI approaching an <a href="https://www.ethnews.com/uniswap-sees-leadership-change-and-70-uni-rally-amid-defi-optimism/" rel="noopener noreferrer nofollow">accumulation area</a> near $8.74. This level previously sparked a 40% rally that carried the token above $11 before it was rejected at $12.25.
<figure style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" src="https://www.ethnews.com/wp-content/uploads/2025/09/UNIUSD_2025-09-04_10-01-45.png" alt="UNIUSD_2025-09-04_10-01-45" width="1825" height="880">
 <figcaption>
 Source: UNISWAP
 </figcaption>
</figure>
If the range between $8.74 and $12.25 holds, whales could be positioning for another <a href="https://www.ethnews.com/uniswap-sees-leadership-change-and-70-uni-rally-amid-defi-optimism/" rel="noopener noreferrer nofollow">upward attempt</a>. Levels around $9.74 and $8.74 are viewed as potential entry zones. A sustained break below $8.74, however, could invalidate the setup.
<h2 id="span-style-font-weight-400-capital-flows-appear-supportive-span">Capital flows appear supportive</h2>
The Chaikin Money Flow index has been rising since early September, pointing to steady inflows despite the falling price. Traders still await further confirmation before calling a reversal, but current whale activity has changed the tone of the debate.
<figure style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" src="https://www.ethnews.com/wp-content/uploads/2025/09/UNIUSD_2025-09-04_10-04-41.png" alt="UNIUSD_2025-09-04_10-04-41" width="1826" height="879">
 <figcaption>
 Source: UNI/Tradingview
 </figcaption>
</figure>
UNI is trading at $9.44. This price reflects a slight drop of 1.7% over the past 24 hours and 5.8% over the past 7 days. Uniswap’s market capitalization stands at approximately $5.66 billion, based on a circulating supply of 600 million UNI tokens. Daily trading volume has decreased to $288 million, down 10.4% compared to the previous day.
<figure style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" src="https://www.ethnews.com/wp-content/uploads/2025/09/UNIUSD_2025-09-04_10-07-59.png" alt="UNIUSD_2025-09-04_10-07-59" width="1826" height="880">
 <figcaption>
 Source: UNISWAP
 </figcaption>
</figure>
UNI’s short-term performance is characterized by horizontal movement between $9.39 and $9.75, forming a narrow range that reflects market indecision. This fluctuation follows a broader 12-month price recovery of more than 50%.
<figure style="width: 100%" class="wp-caption aligncenter">
 <img loading="lazy" src="https://www.ethnews.com/wp-content/uploads/2025/09/UNIUSD_2025-09-04_10-15-39.png" alt="UNIUSD_2025-09-04_10-15-39" width="1826" height="880">
 <figcaption>
 Source: UNI/Tradingview
 </figcaption>
</figure>
In technical terms, the asset has not broken above key resistance nor shown sharp downward movement. Volatility remains mild. From a pricing structure perspective, this phase may precede either a moderate upward shift or a mild correction, depending on external volume and liquidity conditions.
From an organizational standpoint, Uniswap has proceeded with the approval of a legal structure under the name DUNI, following a token-holder governance vote. The objective of this move is to establish an entity capable of representing Uniswap in regulated jurisdictions. A second vote will determine whether DUNI will be formally created.
Uniswap has also added support for two tokens—SOL and HYPE—via the Wormhole cross-chain protocol. This change enables trading across blockchains without using central intermediaries. This expansion places Uniswap among exchanges offering direct token movement between networks.
On the trading side, UNI continues to see high liquidity across centralized platforms like Binance and BVOX. The UNI/USDT pair maintains tight spreads below 0.02%, with over $56 million in trading volume on BVOX alone in the past day. Other platforms such as OKX, KuCoin, and DigiFinex report similar liquidity patterns, which support stable trading conditions.
Historically, the token’s highest recorded value was $44.92, and its lowest price was $1.03. Based on its current price, UNI trades 79% below its peak and 815% above its low.
Given <a href="https://www.ethnews.com/uniswap-dominates-ethereum-gas-burning-will-q1-upgrades-fuel-a-7-price-target/" rel="noopener noreferrer nofollow">present data</a>, the price of UNI is expected to move toward $10.20 within the next 7 days, provided market conditions remain stable and trading volume recovers. If recent selling pressure continues, the token may drop to $8.90 before stabilizing.
The post <a href="https://www.ethnews.com/uni-withdrawals-from-exchanges-suggest-accumulation-ahead-of-possible-reversal/" rel="noopener noreferrer nofollow">UNI Withdrawals From Exchanges Suggest Accumulation Ahead of Possible Reversal</a> appeared first on <a href="https://www.ethnews.com" rel="noopener noreferrer nofollow">ETHNews</a>.

UNI Withdrawals From Exchanges Suggest Accumulation Ahead of Possible Reversal

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