Uniswap Faces Massive Inflows Amid Price Decline
- The Binance netflow for UNI surged to +145,829 UNI, a deviation of over 6,019% from the three-month average.
- On May 25 and May 27, Binance received inflow spikes of approximately 1.8 million and over 3.1 million UNI respectively.
- Total inflow volume increased by more than double the three-month average, with transaction sizes jumping by approximately threefold.
- Despite increased inflows, Binance’s USD-denominated reserve for UNI declined by nearly five percent.
- Active addresses in the Uniswap ecosystem remain slightly above the three-month baseline despite price weaknesses.
Uniswap is experiencing significant selling pressure as large holders move millions of tokens onto Binance amid a price decline from $4.20 to $3.02. The sharp increase in inflows suggests potential preparation for token sales rather than long-term holding strategies.
