Uniswap Price Eyes Recovery As Whale Bags $16M UNI From Binance

Quick Summary:

Uniswap price has continued to stay in the red, hovering around the $9 mark, but recent developments indicate a strong recovery ahead.

For context, whales or large investors have bagged nearly $16 million UNI over the past few days, signaling a strong confidence of the investors.

Notably, this oversold indicator often signals a strong recovery ahead, as investors often take the opportunity to buy the dip.

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Article Details

Author / Journalist: Rupam Roy

Category: Crypto

Markets: India

Topics: 24/7 Cryptocurrency News Uniswap (UNI) UNI Price Uniswap Price Uniswap Labs

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-07 @ 11:28:09 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 477 words

Reading Time: 3 minutes read

Sentences: 44 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © CoinGape

News ID: 25960207

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About CoinGape

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 21 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #59

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