donor
Published:
- Uniswap large transactions jumped 200% in just 24 hours.
- Exchange flows have fallen steadily over the past three days, with the altcoin’s price falling 9% in less than 48 hours.
Uniswap (UNI) market activity is sending mixed signals, leaving market participants confused about its potential trajectory in the near future.
On the one hand, the activity of altcoin whales has increased, as evidenced by its large transactions which increased by 200% in the last 24 hours alone.
On the contrary, UNI’s foreign exchange flows have declined for three consecutive days. To further complicate matters, the price of Uniswap fell sharply, losing 9% in value in less than 48 hours.
What does this conflicting data mean for the future of altcoin? Let’s break it down.
Uniswap whale activity is skyrocketing, but why?
Historically, large transactions reflect whale activity, and Uniswap’s large transactions have seen a dramatic increase according to IntoTheBlock data.
The 200% increase in large altcoin transactions over the past 24 hours indicates that big market players are making huge moves.
This type of activity can generate excitement because it often foreshadows strategic positioning in the market.
Still, it cannot be determined whether whales are actually accumulating Uniswap tokens for a bullish play or preparing to dump their holdings.
Source: In the block
The lack of clarity leaves the market in limbo, with market participants moving cautiously in the face of uncertainties.
The decrease in foreign exchange flows adds to the mystery
As whale activity increases, currency flows cool. According to data from CryptoQuant, the number of tokens flowing to exchanges over the past three days has decreased significantly.
Generally, this downward trend is a sign that traders are holding on to their assets and not preparing to sell their assets.
However, a reduction in capital inflows could also suggest a decline in retailer interest.
This contrast between increasing whale activity and declining influxes creates a confusing scenario as to whether whales see opportunities that retail traders miss, or something bigger is on the agenda.
Source: CryptoQuant
Uniswap price plunges despite market activity
Adding to the complexity, Uniswap’s price plunged 9% in less than 48 hours. This steep dive suggests the bears are in force.
The question therefore arises: do whales support this market or do they take advantage of its relative weakness?
Source: TradingView
However, over longer time frames, Uniswap’s price action has indicated an uptrend. This suggests that the altcoin could undergo a short correction before the final rally.
Technically, its prices could fall to test the key support level of $12, a resistance level that became support during the recent bull rally.
Read Uniswap (UNI) Price Forecast 2025-2026
AMBCrypto’s in-depth analysis of Coinglass liquidation data could provide the long-awaited answers. With around 818,000 UNI to liquidate if the price drops further to the key price level of around $12.
The altcoin could fall further to $12 before a potential rebound due to increasing buying pressure from whales.
Source: Coinglass
