Uniswap exchange reserves fall to 72.9M UNI as sell pressure eases
- —Exchange reserves fell to about 72.9 million UNI
- —Binance saw a net withdrawal of roughly 1.1 million UNI in one day
- —UNI trades near $7.25, below $7.30
- —UNI makes up 38.15% of Grayscale's DeFi Fund, up from 34% in August
Why it matters: Lower exchange balances cut immediately available sell-side supply, but a lasting UNI recovery still requires sustained buying demand.
Source: AMBCrypto
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