Binance Whale Activity Rises as Uniswap Attempts to Reconnect

Uniswap’s native token, UNI, has experienced a turbulent start to the month, with its price dropping below $6 following a surge in mid-month volatility. While it has been struggling to regain its early-October momentum, recent data from Binance reveals an uptick in whale activity for UNI. On-chain analytics show significant outflows of UNI tokens from Binance wallets, particularly among the top 10 largest transactions – usually linked to large investors or whales.