UNI Whales Accelerate Accumulation to Highest Rate in Five Years
TL;DR:
- The top ten daily Uniswap (UNI) withdrawals on Binance averaged over 7,200 tokens this month.
- The price of UNI pulled back to $3.96 after hitting a 90-day high above $4.70 on August 1, 2026.
- The UNIfication governance proposal expanded the token burn mechanism to version 4 (v4) pools and the Robinhood Chain.
This month, UNI whales recorded the fastest pace of token withdrawals from Binance in the past five years, moving assets en masse to private custody wallets. According to on-chain metrics published by CryptoQuant, the asset’s largest holders increased their positions by capitalizing on recent weakness in market prices.
Data presented by CryptoQuant reveals that the top ten daily outflows recorded from Binance averaged more than 7,200 UNI during the current period, with single days topping the 10,000 withdrawn tokens mark. This metric represents a five-year high in monthly outflows associated with the decentralized exchange’s governance token.
The behavior observed on the Uniswap network mirrors the buying patterns executed by large Bitcoin holders during market corrections earlier this month. According to figures, UNI was trading near $3.96 over the last 24 hours, recording a market capitalization of approximately $2.47 billion, placing the project at rank 38 within the crypto industry. The current price level remains more than 91% below its all-time high of $44.92, set on May 3, 2021.
… Continue reading the full article at the original source below.
