Uniswap Whale: Dumps 1M UNI for $7.32M

Lookonchain flagged a whale that offloaded 1 million UNI tokens for $7.32 million across the past two days. The same address collected 20.32 million UNI worth $139.4 million from the Uniswap UNI Timelock wallet more than a year earlier.

UNI prints at $7.04 on the 4-hour chart inside its Bollinger Bands. Price sits below the EMA50 at $7.18 and the EMA200 at $7.59, confirming the bearish structure while MACD registers a death cross at -0.05. With RSI neutral at 45.46, the next volatility exhaustion target lies at the lower band support of $6.63.