Uniswap whale sells 1 million UNI… analysts see potential drop to $5.80
Original headline유니스왑 고래 100만 UNI 매도…분석가, 5.80달러 하락 가능성
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
A single Uniswap whale address sold 1 million UNI tokens over the past two days, a move valued at roughly $7.32 million according to Lookonchain. The address had received 20.32 million UNI from Uniswap's timelock wallet about a year ago, and this sale represents only a portion of that original allocation. The transaction matters because large holder exits can pressure UNI's price and signal shifting sentiment among major token holders. Analyst Akashnath S flagged the risk of UNI falling toward $5.80 based on technical analysis. Traders will be watching whether the address continues to offload its remaining holdings and whether UNI holds key support levels in the sessions ahead.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
UNI (UNI), Uniswap (UNI), Lookonchain, Akashnath S
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