UNI: 3.72M Tokens Shifted to Exchanges

UNI slid from $3.59 to $3.22 after Cumberland moved 3.72 million tokens worth $12.63 million into Binance, Coinbase, OKX and Bybit over the past 23 hours.

Price action on the 4-hour chart shows the token testing the lower Bollinger Band at $3.23 while RSI sits at 21.42, deep in oversold territory. The EMA50 at $3.74 and EMA200 at $3.72 continue to act as firm resistance overhead, and the MACD death cross at -0.15 keeps the broader structure bearish. Institutional desks watching the flow note that any bounce will likely stall at the $3.74 level before the next leg lower.