Cumberland-linked wallet moves $8.73M UNI – Is Uniswap’s $3 floor next?

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A Cumberland-linked wallet transferred 2.5 million UNI worth $8.73 million to exchanges. Over the past two weeks, UNI faced intense bearish pressure, dropping from a rejection at $4.50 to a low of $3.40. Simultaneously, UNI’s trading volume fell 42% to $154 million. Another long-term holder also sold 9.29 million UNI for $33.46 million through Coinbase Prime. If massive selling continues, UNI could test the $3 support level, while renewed demand could defend the $3.40 level.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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