Markets· ★★★· bearish·

Analyst: UNI exchange inflows hit yearly high as price enters distribution phase

  • —UNI inflows to Binance hit a yearly high, Z-score above 4 in late September
  • —Daily UNI inflows to exchanges exceeded $40 million
  • —Uniswap TVL topped $4 billion in September; DEX volume peaked at $93.6 billion
  • —UNI has dropped more than 30% from its $10.9 high
Why it matters: A sustained decline in exchange inflows could mark a bottom for UNI and end its correction.
#UNI
Source: PANews
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