As UNI Reserves on Binance Rise, the Risk of Selling Pressure Increases.
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5 Articles
UNI is living a paradox: the token accumulates a strong monthly rise while the reserves in exchanges reach a record. Whales withdraw millions of tokens, although other big forks already earn profits.
Binance's UNI reserve increased to 71,584,353 tokens; 4.11 million UNI entries were recorded in September, the highest level seen since June 25.
🚨 Binance's UNI reserves have reached their highest level since June 25th. 📈 $UNI, which has risen approximately 72% from its recent low, has pulled back to $8.90 after reaching $10.90. 🔄 Flows, which were highlighted by approximately 4.11 million UNI inflows to Binance in September, are once again...
Uniswap's UNI has risen about 72% from a recent low of close to $5, bringing the token back to several-month peaks around $9. CoinMarketCap showed UNI trading about $9.34 on September 24, with a market capitalization of approximately $5.8 billion, although the token fell by about 11%.
🚨 The UNI reserve on Binance has reached its highest level since June 25. 📈 $UNI, up circa 72% from the recent bottom zone, retreated to $8.90 after $10.90. 🔄 Streams gained momentum again, with nearly 4,11 million UNI entries to Binance featured in September. 📊 The market is tracking $8.50 to $8.70 support and $9.50 to $10 band. Read more±nä± read:Risk of selling pressure increased as UNI reserve on Binance rises As the UNI reserve on Binan…
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