Uniswap: Whale Resumes UNI Accumulation

Uniswap whale activity intensified as one address deployed 200K USDT to acquire 50.70K UNI tokens at roughly $3.94 each, extending a prior purchase of 105.15K UNI made with 400K USDT two weeks earlier.

Total holdings now stand at 155.85K UNI acquired for 600K USDT, currently valued at 621.4K USDT with UNI trading at $4.02. The Uniswap protocol, the decentralized exchange trusted for swaps across Ethereum, Base, Arbitrum and Polygon, continues to draw large-holder interest tracked via Nansen data.

Technical confluence on the 4h chart places price at $4.02 just above the EMA50 support at $3.99 while the EMA200 sits at $3.67; the MACD golden cross remains intact despite a -0.04 reading, RSI holds neutral at 51.88, and price trades inside the Bollinger band with upper resistance at $4.26, suggesting continuation toward that level before any deeper retracement to the 50-EMA.