Uniswap’s UNI Recovers After 11% Price Drop, Driven by Whale Liquidation

The Uniswap UNI token experienced a notable price decline of around 11%, followed by a swift rebound to $6.18 following the sudden liquidation of large cryptocurrency holdings. This incident, which appears to be market-driven rather than related to any specific news or events within the Uniswap platform itself, highlights how rapid price fluctuations can impact liquidity pools and automated rebalancing systems. While no official statements have been released by Uniswap’s leadership regarding this event, the price action suggests a potential adjustment in both liquidity dynamics and user sentiment.