Uniswap Price Hits 8-Month High as Institutional Buyers Drive UNI Above $6
Key Insights
- Uniswap made a 8-month high above $6.37 and gained almost 20% this week.
- Wintermute added $11M+ in UNI, highlighted institutional buying.
UNI traded around $6.2 on Thursday, after gaining around 10% from day low and about 44% higher than $4.33 a week ago. The rally initially was triggered by rising activity on Robinhood Chain and, more recently, increased institutional buying. This rally is different from the retail-driven narrative around UNIโs fee burns that dominated much of the early August rally.
Whatโs Behind This Weekโs Uniswap Rally
According to CoinGlass data cited by on-chain analyst Professor Onchain, market maker Wintermute moved 2.03 million Uniswap, worth about $11.07 million, into their market-making wallet this week. Spot net inflow also rose to $11.2 million on Sept. 1, marking the highest levels seen since December 2025, according to CoinGlass.
Trading volume jumped 153% as the price moved higher. Professor Onchain said the move above $6 was driven mainly by heavy institutional accumulation, separating it from earlier part of the rally, which was linked to Uniswapโs token burn mechanism.
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