Binance Whales Turn Active On Uniswap As Outflows Hit Multi-Month Highs – Details

Uniswap (UNI) has been consolidating since the October 10 market crash, with price action stabilizing but volatility still ￰0￱ decentralized exchange (DEX) token has struggled to regain its previous momentum, reflecting the broader uncertainty across the altcoin ￰1￱ remain divided on its short-term outlook — some view Uniswap as a key driver of Ethereum’s DeFi ecosystem and a potential leader in the next recovery phase, while others caution that lingering liquidity stress and waning trader activity could spark more turbulence ￰2￱ Reading: Bitcoin Supply In Profit Rises To 83.6% – Market Momentum Building Again Despite this cautious backdrop, new on-chain data suggests a shift may be ￰3￱ to CryptoQuant insights, Binance whales have become increasingly active on UNI, with large transactions and outflows spiking to multi-month highs.

Historically, this type of whale behavior — especially when coupled with heavy exchange outflows — has been associated with accumulation phases and strategic repositioning by major ￰4￱ Uniswap’s fundamentals remain solid, with trading volumes and user engagement steadily recovering, the renewed whale activity could indicate that smart money is quietly preparing for the next market ￰5￱ this accumulation marks the early stages of a trend reversal or just a temporary pause before further volatility remains to be ￰6￱ Exchange Outflows Hit Multi-Month Highs In recent days, Uniswap’s native token, UNI, has seen a notable uptick in large-scale activity, signaling renewed interest from major market ￰7￱ to on-chain data from CryptoQuant, whale wallets — typically identified by the top 10 largest transactions — have begun moving significant amounts of UNI out of ￰8￱ outflows represent transfers from exchange wallets to external addresses, a behavior that often indicates accumulation or long-term repositioning by large holders rather than short-term ￰9￱ data highlights a daily peak of 17,400 UNI withdrawn from Binance, alongside a monthly peak of 5,250 UNI, marking a three-month high in whale activity.

Historically, such outflow spikes tend to occur during accumulation phases, as whales seek to reduce exposure to centralized exchanges and secure tokens for longer-term holding or staking ￰10￱ renewed movement comes at a time when UNI is still digesting the market correction that began in July, with prices stabilizing but failing to regain strong upward ￰11￱ interpret this surge in whale activity as a potential early indicator of confidence returning to the ￰12￱ sustained, it could mark the beginning of a structural reversal — a shift from post-crash consolidation to the early stages of renewed accumulation and ￰13￱ Reading: Digital Yen Goes Live: JPYC EX Integrates Traditional Finance With DeFi UNI Price Analysis: Consolidation Persists as Whales Reenter the Market Uniswap (UNI) continues to consolidate near the $6.50 level after a sharp correction that began in July ￰14￱ weekly chart shows a prolonged period of sideways movement following a breakdown from the $12 resistance zone, where bullish momentum previously failed to ￰15￱ multiple attempts to rebound, UNI remains below the 50-week and 200-week moving averages, both of which now act as dynamic resistance ￰16￱ recent price action reflects investor hesitation, with the broader market still digesting the effects of the October 10 crash.

However, volume analysis indicates that selling pressure has started to decline, suggesting that sellers may be exhausting and that accumulation could be forming at current ￰17￱ Reading: Ethereum OG Drives $500M Liquidity Flow Into ConcreteXYZ & Stable Vaults – Details From a technical perspective, the $6.00–$6.20 zone serves as immediate support, while a decisive reclaim above $8.00 would be required to shift market structure toward a potential mid-term recovery. Interestingly, the recent whale accumulation reported by on-chain data aligns with this stabilization phase — a pattern often seen near cyclical ￰18￱ Uniswap maintains support and market sentiment improves, UNI could attempt to retest the $10–$12 zone in the coming months.

Conversely, a failure to hold above $6 could open the door for a retest of the 2024 range lows around $4. Featured image from ChatGPT, chart from ￰19￱