Uniswap: Whale Sells $5M UNI to USDT
Uniswap UNI whale sells 600K tokens for $5.1M USDT plus 100K to OKX as price hits $8.58 with RSI at 83.
SourceAnalysis
Uniswap top holder offloaded 600K UNI for roughly $5.10M USDT in multiple swaps while parking another 100K UNI worth $844K on OKX for potential sale, per @nansen_ai data flagged by @OnchainLens.
Price action at $8.58 tests upper Bollinger resistance near $8.32 with RSI(14) at 83.0 flashing overbought and MACD holding bullish golden cross at 0.45, so a healthy retracement to EMA50 support at $6.68 looks probable before any further upside continuation in this UNI price prediction setup amid ongoing Uniswap tokenomics concentration concerns and broader crypto market crash risks.
Onchain Lens
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