Assessing Uniswap’s price surge: Key on-chain metrics to watch

Quick Summary:

UNI price surges with strong market activity, but liquidity concerns may challenge further gains.

This increase in volume highlights intensified interest among traders looking to capitalize on UNI’s upward trend.

However, exchange reserves tell a slightly different story.With a 0.17% decline in reserves over the last 24 hours, currently standing at 57.136M, the reduced selling pressure could indicate a potential supply shock.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Erastus Chami

Category: Crypto

Markets: United States

Topics: Social Trading View News 1 Altcoin News Ambcrypto

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-10 @ 22:00:05 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 536 words

Reading Time: 3 minutes read

Sentences: 30 lines

Sentence Length: 18 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 22986482

View Article Analysis

About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 26 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

Publisher Details

Frequently Asked Questions