CME Group launched UNI and Micro UNI Futures, expanding institutional derivatives access for Uniswap. Venture capital firm a16z controlled approximately 64 million UNI, valued at around $468.5 million, representing roughly 10% of the token’s circulating supply. UNI’s Exchange Reserves declined 3.32% to approximately $808.55 million, while spot market data showed taker-buy dominance over sellers. UNI traded around $7.17, holding near the $7 support zone but remaining below its 50-day exponential moving average at $7.307, with the ADX indicator at 30.97 confirming prevailing bearish conditions.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
