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2025-03-29
01:41
Uniswap's UNI Tokens Flow into Binance Affecting Market Price

According to EmberCN, 2.5 million UNI tokens, valued at $15.31 million, have been transferred to Binance in the past 8 hours. This is part of the 27.9 million UNI tokens unlocked from Uniswap's timelock contract eight days ago. So far, 3.74 million UNI tokens, worth $23.53 million, have been moved to Binance in the last two days. Since the transfer began, UNI's price has decreased by 10%, from $6.8 to $6.1, indicating potential price pressure from increased supply on the exchange.

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