UNI Whale Accumulation Hits Fastest Pace in 5 Years on Binance

Uniswap (UNI) holders pulled tokens off Binance at the fastest pace in five years this month, according to CryptoQuant. Top wallet withdrawals surged even as the token stayed far below its 2021 peak.

The pattern points to accumulation rather than panic selling. Large holders appear to be treating recent weakness as an entry point rather than a reason to exit.

UNI Whale Accumulation Accelerates on Binance Withdrawals

CryptoQuant data show the ten largest daily Binance withdrawals averaging more than 7,200 UNI, with some single days topping 10,000 UNI. That volume marks a five-year high for monthly outflows tied to Uniswap's governance token.

The trend mirrors similar Bitcoin whale buying seen earlier this month. Large holders added coins during a dip instead of chasing a rally. However, UNI's setup differs because the token still trades more than 91% below its all-time high of $44.92, set on May 3, 2021. UNI last changed hands near $3.96, up 1.71% over 24 hours. Its market capitalization near $2.47 billion ranks it 38th among cryptocurrencies.

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