Uniswap experienced significant exchange withdrawals after tokens linked to Galaxy Digital were transferred, totaling nearly $12 million over six days. Spot netflows remained negative at approximately $289,160, reducing immediate selling pressure and potentially suggesting institutional accumulation, although the transactions did not confirm any purchases. The token was trading around $7.05 and remained above the $6.844 support, but technical indicators stayed bearish, with an RSI of 43.48 and the negative directional indicator exceeding the positive one. A break below $6.844 could expose UNI to $6, while reclaiming the $7.50 resistance would strengthen a potential recovery.
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