Today, 5 March, 2025, UNISWAP (UNI) record an 8 % price increase. However, it looks down and prepares to decline, and this may be due to the encryption whale to throw university symbols.
Whale emptying $ 40.60 million in Uni symbols
Today, Tracker Tracker has been published by Blockchain transactions on X (previously Twitter) that a prominent encryption whale, Galaxy Digital, deposited 600,000 UNI codes of $ 4.37 million on Binance, the largest exchange of cryptocurrencies in the world.
However, the main concern that pays fears of low prices is that Galaxy has already deposited 5.29 million icons UNI worth $ 40.60 million on Binance and OKX during the past week.
Current price momentum
With all this, the original is traded near $ 7.37, and gained 8 % in the past 24 hours. However, during the same period, the trading volume decreased by 35 %, indicating a decrease in participation from merchants and investors compared to the previous day. This decrease is likely to be the result of sales fluctuations and continuous prices.
UNISWAP (UNI) Prices and Next levels
According to expert technical analysis, UNI appears to be a decline as it is already traded below the level of decisive support of $ 8. With recent price fluctuations, this level has been re -tested and it appears to be unified. Based on the latest procedures for historical prices and patterns, if UNI fails to climb over the level of $ 8, it may decrease by 25 % to reach $ 5.50 in the coming days.
As of now, the origin is traded without the Si -moving average (EMA) on the daily time frame, indicating a declining direction. This technical indicator of merchants and investors helps determine whether the original is in a bullish direction or a decline, which allows them to build their locations accordingly, either on the long or short side.
This continuous emptying of the Galaxy Digital has the ability to increase the pressure pressure, which enhances the homogeneous expectations.
