UNI Jumps 30% but $58M Exchange Inflow Casts Doubt on Accumulation
- —UNI gained roughly 30% between Sept. 17 and Sept. 22
- —Exchange-held UNI rose by 6.3 million tokens over Sept. 17–23
- —The increase was worth about $58 million at the Sept. 23 close
- —Exchange supply neared 0.2% of the 60-day peak seen on Aug. 30
Why it matters: Rising exchange supply during a rally raises the risk of sell pressure and weakens the bullish accumulation narrative.
Source: Koin Bülteni