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Uniswap: Will a 694% surge in whale activity push UNI past 17 USD?

Over the past 24 hours, UNI experienced a remarkable 694% increase in large transactions, highlighting a surge in whale activity. This influx suggests significant interest from MAJOR investors, potentially driving UNI’s price upwards as it seeks support at the 12 USD level.

Furthermore, the number of active addresses for UNI has risen by 23%, reflecting heightened engagement within the network. The long/short ratio currently stands at 57%, suggesting a bullish sentiment among traders, especially as UNI approaches the critical resistance level of 17 USD.

This is community-generated content, not advice from ONUS.
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