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Uniswap sees $2.35M whale buy amid price drop, hinting at strong demand despite correction.

Market News
10 Sep 2026
AMBCrypto
View Source
Bullish
Uniswap sees $2.35M whale buy amid price drop, hinting at strong demand despite correction.

A large Uniswap (UNI) holder accumulated $2.35 million worth of tokens over five days during a price correction, signaling strong underlying demand. Despite UNI's price falling from $7.48 to around $6.02, exchange reserves dropped nearly 12%, indicating tokens are being withdrawn from exchanges. Top Binance traders also hold a strong long position, suggesting confidence in a price rebound. UNI may test key Fibonacci support levels near $4.71–$4.82 before attempting to recover toward $7.48.

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