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Uniswap faces selling pressure as whales move millions of UNI to exchanges, risking a drop to $3 support level.

Market News
14 Aug 2026
AMBCrypto
View Source
Bearish
pluang ai news

Uniswap (UNI) has experienced strong selling pressure recently, with major holders transferring millions of UNI tokens to exchanges like Binance and Bybit. A Cumberland-linked wallet moved 2.5 million UNI worth $8.73 million, while another long-term holder sold 9.29 million UNI valued at $33.46 million. This increased sell-side supply amid weak market demand has pushed UNI's price down, with technical indicators signaling bearish momentum. If selling continues, UNI may test the $3 support level, although renewed buying interest could help defend around $3.40.

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