Uniswap (UNI) Price Soars 17% as Whale Accumulation and Trading Volume Surge

Uniswap

After weeks of consolidating within a descending channel, Uniswap (UNI) finally broke out with conviction. The altcoin surged from $6.20 to a two-month high of $7.67—marking a 17% increase in just one day. This bullish move comes after UNI previously faced rejection at the $7.50 resistance level two weeks ago. Unlike the last attempt, this time the momentum was backed by robust trading activity. Daily trading volume rose by 89.5%, with total Uniswap volume climbing to $1.53 billion, indicating a renewed appetite among traders.

Whales Fuel Rally With Aggressive Accumulation

Uniswap Price Chart -  IntoTheBlock
Source: IntoTheBlock

One of the most striking developments in this rally is the spike in whale activity. The number of large transactions jumped from 41 to 254 over the past three days, signaling renewed interest from institutional and high-net-worth investors. According to Large Holders’ Netflow data, whales have accumulated a net 339,000 UNI tokens. While some whales offloaded 6.3 million tokens, inflows totaled 6.75 million—clearly showing a buyer-dominated narrative. The Cumulative Volume Delta (CVD) also flipped in favor of buyers, as taker orders absorbed nearly 7 million UNI tokens, reinforcing bullish sentiment.

Uniswap Price Chart -  IntoTheBlock
Source: IntoTheBlock

Can UNI Sustain the Momentum or Face Profit-Taking Pressure?

Despite the renewed demand, a new risk emerges—profit realization. With UNI recovering from April lows, many long-term holders may use the current upswing as an exit point. Exchange Netflow has remained positive for two consecutive days, suggesting more tokens are being sent to exchanges, possibly for sale. Technically, UNI needs to complete a golden cross—where the 9-day moving average crosses above the 21-day—to confirm a sustained uptrend. A successful move above the 200 EMA at $7.818 could open the door for further gains. Conversely, failure to hold the 21 DMA at $6.87 could trigger a pullback to $6.40.

Uniswap Price Chart -  CryptoQuant
Source: CryptoQuant

Uniswap has seen a significant resurgence in both retail and whale demand, propelling UNI to multi-week highs. While short-term momentum remains bullish, the sustainability of this rally will depend on whether UNI can absorb profit-taking pressure and confirm key technical levels.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses

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