Whale: Rotates $UNI Stake Into $FORM
Whale sells 156,452 $UNI for $1.07M USDC then buys 355,175 $FORM with $99.5K USDT at $0.27 amid neutral RSI.
SourceAnalysis
Lookonchain tracked a whale that spent $4.73M on PONS, UNI, AAVE and CASHCAT now dumping 156,452 UNI for 1,074,061 USDC before using 99,509 USDT to acquire 355,175 FORM. FORM sits at $0.27 inside its Bollinger band with EMA50 at $0.27 acting as immediate support and EMA200 at $0.24 providing deeper floor while MACD prints a death cross and RSI holds neutral at 46.77; price action therefore points to a quick test of upper band resistance near $0.3 before any sustained move, shaping near-term FORM price prediction models for institutional desks.
Lookonchain
@lookonchainLooking for smartmoney onchain