UNI token holders are withdrawing from Binance at the fastest pace in five years, according to CryptoQuant data. The ten largest daily Binance withdrawals have averaged over 7,200 UNI, with some single days topping 10,000 units. The token currently trades near $3.96 with a market capitalization around $2.47 billion, representing more than 91% below the all-time high of $44.92 set in May 2021. The expansion of the fee and burn mechanism to v4 pools and Robinhood Chain has boosted interest among large holders, who are treating this weakness as an entry point rather than a reason to exit.
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