Uniswap (UNI) fell below $2.50 for the first time in five years, leaving the token more than 90% below its 2021 all-time high of around $45. Despite the decline, on-chain data shows whale accumulation accelerating, with the 10 largest UNI withdrawals from Binance reaching their highest monthly average in five years. Some daily outflows exceeded 10,000 UNI, suggesting large investors are accumulating during the price correction as they position for Uniswap’s long-term growth.
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