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Uniswap (UNI) drops 10.93% in 24 hours amid $400K long liquidations

Market News
28 Sep 2026
Tokenpost
View Source
Bearish
Uniswap (UNI) drops 10.93% in 24 hours amid $400K long liquidations

Uniswap's token UNI fell sharply by 3.07% within one hour to $8.85 on September 28, extending its 24-hour decline to nearly 11%. The drop was driven by $400,000 in long position liquidations on major exchanges like Binance, Bybit, and OKX, with no short liquidations recorded. This indicates leveraged long traders were forced to exit positions, impacting UNI's market value, which stands at about $5.52 billion. The price movement highlights volatility risks for investors holding leveraged positions in UNI.

Uniswap's UNI token is trading at Rp159,823 on Pluang as of September 28, 2026, 16:21 WIB, showing a 10.45% decline over the past day. The market cap on Pluang stands at Rp101.49 trillion, with a 24-hour trading volume of Rp16.11 trillion. Currently, 65% of Pluang users are buying UNI, while 35% are selling, and the typical hold time is 65 days.

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