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Uniswap (UNI) falls 9% amid market sell-off and $12.9M token transfer to Wintermute sparks selling fears

Market News
29 Sep 2026, 07:00 WIB
AMBCrypto
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Bearish
Uniswap (UNI) falls 9% amid market sell-off and $12.9M token transfer to Wintermute sparks selling fears

Uniswap's UNI token dropped 9% to around $9.10 following a broader crypto market crash, with increased selling pressure as spot volume rose 45%. An early investor moved $12.9 million worth of UNI to market maker Wintermute, raising concerns about potential large sales. Liquidations of leveraged long positions worth $2.89 million added to the downward momentum, while futures and spot market outflows surged, indicating panic exits. Technical indicators suggest continued weakness, with UNI possibly falling to $8.4 if selling persists, though a rebound to $10 remains possible if the market stabilizes.

Uniswap's UNI token shows a market cap of Rp96.12 trillion and a 24-hour trading volume of Rp20.03 trillion on Pluang as of Sep 29, 2026, 11:11 WIB. The token price is Rp153,900 with a 1-day decline of 7.50%, while Pluang order activity leans towards selling at 65%. The typical hold time on Pluang is 65 days, indicating moderate investor patience despite recent volatility.

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