Whales, tightening supply, and bullish leverage trends position UNI for a possible breakout above $12.
Key Takeaways
Содержание статьи:
What’s driving the bullish outlook for UNI?
Whale accumulation, a bullish chart pattern, tightening exchange supply, and rising funding rates all suggest a potential breakout for UNI.
How does exchange supply impact UNI’s price movement?
A decline in UNI’s exchange reserves limits available sell-side liquidity, creating conditions for upward price momentum.
Uniswap [UNI] has drawn fresh attention after a whale accumulated 155,455 UNI worth $1.51 million, raising total holdings to over 1.13 million UNI.
The large-scale purchase occurred while UNI was trading near $9.42, a level where the market had been consolidating following earlier gains.
This aggressive accumulation reflects strong confidence in UNI’s long-term potential and suggests that whales may be positioning for a major breakout.
Additionally, repeated inflows from Binance wallets into the same address point to deliberate stacking behavior, boosting market sentiment and signaling possible upside momentum in the near term.
UNI charts hint at a powerful breakout formation
The chart reveals a clear cup and handle pattern, often seen as a bullish continuation signal. After bottoming near $5 earlier this year, UNI has steadily recovered and now tests resistance around $10.41.
A breakout above $12.21 could unlock higher targets near $15.46, reinforcing bullish sentiment. Additionally, the current pullback forms the handle of this pattern, suggesting consolidation before a strong push upward.
Market watchers see this structure as a pivotal moment that could determine whether UNI enters an extended rally phase.
Source: TradingView
Exchange supply tightens as UNI leaves trading platforms
On-chain data highlights a decline in UNI exchange reserves, which recently dropped by -1.49% to $822 million.
Lower reserves typically reduce available sell-side liquidity, limiting potential downward pressure.
This trend often indicates accumulation by holders moving coins to cold wallets or private custody.
As supply on exchanges decreases, the balance between demand and available tokens can tilt in favor of higher prices.
Combined with whale activity, this declining exchange presence suggests the market could face reduced selling overhead, creating conditions for sustained upward momentum.
Source: CryptoQuant
Is UNI’s leveraged market leaning bullish?
At press time, Derivatives data showed that UNI’s OI-Weighted Funding Rate climbed to 0.0112%, signaling long traders are paying premiums to maintain positions.
Positive Funding Rates often reflect strong speculative demand, where leverage tilts in favor of buyers.
This aligns with recent whale accumulation and technical patterns, confirming broader optimism across spot and derivatives markets.
However, elevated funding costs can sometimes encourage short-term corrections as traders lock in profits.
Still, the prevailing market setup suggests bullish conviction dominates, with traders anticipating UNI’s price expansion toward critical resistance zones.
Source: CoinGlass
Is UNI on track for a major breakout?
Uniswap’s outlook appears firmly bullish, supported by whale accumulation, declining exchange reserves, and rising Funding Rates.
The cup and handle structure further strengthens the probability of a breakout beyond $12.21.
While short-term pullbacks may occur, the combination of technical and on-chain signals suggests UNI holds significant upside potential.
If demand sustains and resistance levels are breached, UNI could realistically target $15 in the coming weeks, positioning it as one of the stronger performers among major DeFi tokens.
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