Uniswap Explodes: 17% Surge to Two-Month High Amid Whale Accumulation

Uniswap’s UNI token experienced a dramatic surge of 17%, reaching $7.67 and breaking through the $7.50 resistance level. This impressive climb marks a two-month price high, driven by increasing demand from whales and substantial trading activity. 339,000 UNI tokens were accumulated by large investors, while spot market CVD flipped positive with a surge of 6.96 million tokens bought. This move coincides with a significant increase in trading volume, reaching $1.53 billion and a daily average of $901.6 million.