1 day ago
UNI Outflows Hit 5-Year High as Uniswap’s Fee Switch Fuels On-Chain Surge
TLDR: UNI outflows from Binance reached a 5-year high as the token dropped below $2.50 recently. Uniswap’s v4 fee switch and buy-and-burn pushed UNI up nearly 19% over two trading days. New addresses roughly doubled to 582 daily, far above Uniswap’s typical July baseline levels. Whale transactions above $100,000 hit 142 in a single day, [...]
The post UNI Outflows Hit 5-Year High as Uniswap’s Fee Switch Fuels On-Chain Surge appeared first on Blockonomi.
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