Uniswap reserves on Binance have fallen to approximately 72.9 million UNI, down from a peak of 75 million in September 2020. The UNI price has dropped below $7.30, trading around $7.25. Net outflows from Binance indicate decreasing selling pressure, but a sustained recovery requires continued demand. Meanwhile, Grayscale’s DeFi Fund has increased its UNI allocation to 38.15%, up from 34% in August, showing continued institutional exposure to DeFi.
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