UNI Price Outlook in Focus as Whale Activity Signals Market Interest

Uniswap (UNI) is attracting whale accumulation despite the broader cryptocurrency market decline. According to Lookonchain, one whale purchased 1.29 million UNI, worth approximately $9.6 million, over three days. The buying activity comes as the UNI price trades near $7.40 following a reported breakout from a long-term descending triangle. This combination of large-holder accumulation and improving technical momentum has put UNI in focus, with traders monitoring whether the token can hold $7.00 and extend its recovery toward higher resistance levels. According to Lookonchain, whale address 0x1389 purchased another 600,005 UNI worth approximately $4.28 million despite the market downturn.

Source: TronWeekly