coin-img-BREVBREV-26.25%coin-img-LIGHTERLIGHTER+0.00%coin-img-PEPEPEPE-3.54%coin-img-HYPEHYPE-3.17%coin-img-UNIUNI-4.65%coin-img-ETHETH-3.30%coin-img-BTCBTC-1.91%coin-img-UCNUCN+0.24%coin-img-BREVBREV-26.25%coin-img-LIGHTERLIGHTER+0.00%coin-img-PEPEPEPE-3.54%coin-img-HYPEHYPE-3.17%coin-img-UNIUNI-4.65%coin-img-ETHETH-3.30%coin-img-BTCBTC-1.91%coin-img-UCNUCN+0.24%coin-img-BREVBREV-26.25%coin-img-LIGHTERLIGHTER+0.00%coin-img-PEPEPEPE-3.54%coin-img-HYPEHYPE-3.17%coin-img-UNIUNI-4.65%coin-img-ETHETH-3.30%coin-img-BTCBTC-1.91%coin-img-UCNUCN+0.24%coin-img-BREVBREV-26.25%coin-img-LIGHTERLIGHTER+0.00%coin-img-PEPEPEPE-3.54%coin-img-HYPEHYPE-3.17%coin-img-UNIUNI-4.65%coin-img-ETHETH-3.30%coin-img-BTCBTC-1.91%coin-img-UCNUCN+0.24%
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Lennox Gitonga

Uniswap moves 5M UNI as price tests $5.70 support and eyes $9 target

Uniswap's governance timelock transferred 5 million UNI, valued at about $30 million, to a new wallet, raising questions on future selling pressure or deflationary action. UNI is trading above a key $5.70 support, with traders watching a potential breakout over $6.25 that could open a move toward $9, while annualized fees near $23 million highlight sustainability concerns against its $5.4 billion FDV.
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