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Arthur Hayes buys $1.73M in Uniswap's UNI tokens via quiet OTC deal, signaling strong conviction.

Market News
05 Sep 2026
Crypto Briefing
View Source
Bullish
Arthur Hayes buys $1.73M in Uniswap's UNI tokens via quiet OTC deal, signaling strong conviction.

Arthur Hayes, co-founder of BitMEX, purchased 244,406 UNI tokens worth $1.73 million through an OTC deal with Flowdesk, avoiding market impact. This sizable buy is notable as there is no current governance proposal or upgrade driving the purchase, indicating Hayes sees value in UNI at around $7 per token. This follows a smaller November 2025 purchase, suggesting a growing conviction in Uniswap's governance token despite no immediate economic incentives. Investors should watch if Hayes continues accumulating, which could signal a longer-term bullish stance on UNI.

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