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Key Takeaways:
- Uniswap (UNI) surpassed $10 despite whale sell-offs, signaling strong underlying demand.
- Whale activity remains significant, with one investor netting nearly $15 million in total profits from UNI.
- Unichain DEX volume and on-chain metrics point to growing investor engagement and renewed market momentum.
Uniswap (UNI), one of the leading DeFi tokens, is making headlines after rallying above the $10 mark, marking one of the strongest performances among the top 100 cryptocurrencies by market cap. This bullish momentum has been met with intensified whale activity and surging on-chain engagement, keeping traders on high alert for what’s next.
Whale Takes $1.87M Profit — But UNI Remains Resilient
According to data from Lookonchain, a prominent UNI whale recently offloaded 662,606 tokens, pocketing a hefty $1.87 million profit. This follows an earlier $13 million gain from the same whale — indicating a strategic pattern of profit-taking.
Whale 0x4B0d, who previously made $13.65M from $UNI, sold 662,606 $UNI($5.85M) 5 hours ago — making another profit of $1.87M!https://t.co/OS82CpVB3K pic.twitter.com/MUpVm28qcC
— Lookonchain (@lookonchain) July 18, 2025
Despite the sell-off, UNI’s price action remained bullish. After briefly dipping, the token quickly rebounded, demonstrating strong buying pressure and market confidence. The resilience suggests that the broader market, especially retail and institutional traders, is still optimistic about UNI’s trajectory.
UNI Breaks Wedge Pattern — But Traders Await Confirmation
UNI’s breakout above $10 followed the resolution of a broadening wedge pattern that began forming in May. While technical indicators lean bullish, market analysts advise caution. A false breakout remains a possibility unless the price successfully retests and holds the $10 level.
Interestingly, UNI’s 24-hour trading volume jumped from $52 million earlier this month to over $288 million, signaling renewed investor interest. If momentum continues and the token confirms support above $10, a sustained rally could follow.
Also Read: Uniswap COO Mary-Catherine Lader Resigns After 4 Years
Unichain Volume Rebounds as Network Activity Climbs
Adding to the bullish outlook, Uniswap’s native blockchain — Unichain — is experiencing a fresh wave of activity. According to DefiLlama, Unichain’s DEX volume climbed to $718.52 million at press time, surpassing the previous day’s total despite the day not being over.
After a relatively muted June, Uniswap’s ecosystem appears to be regaining traction in July. With whales active and trading volume climbing, Uniswap seems poised for a potential continuation of its uptrend — barring any sudden shifts in macro sentiment.
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
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
