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Cryptocurrency News Articles

Uniswap's recent $54 million transfer to Coinbase has reignited concerns around whale activity

May 16, 2025 at 12:00 am

Uniswap has come under pressure after a dormant wallet moved 9 million UNI worth roughly $54 million to Coinbase Prime. The transfer raised concerns of a possible sell-off

Uniswap's recent $54 million transfer to Coinbase has reignited concerns around whale activity

Uniswap's recent large transfer has sparked fear of a potential whale-driven sell-off, while Pi Coin is approaching a critical breakout point. Meanwhile, Cold Wallet offers a unique opportunity for early supporters to secure massive gains.

Uniswap: Whale Transfer Sparks Fear As Price Holds Key Support

A dormant wallet has moved 9 million UNI, worth roughly $54 million, to Coinbase Prime, raising concerns of a possible sell-off. However, on-chain signals remain strong, with transfer volumes up 172% and the Binance long-to-short ratio at 2.04, indicating clear bullish sentiment.

Despite reporting a $4.68 million deficit, Uniswap Foundation holds nearly $30 million in reserves and continues to benefit from audits, governance, and ecosystem growth. With over $2.94 trillion in lifetime swap volume, Uniswap has the scale and community to withstand short-term volatility.

The question now is whether the price can hold under this whale-driven pressure. Key support levels to watch are $18.5 and $17.8, while resistance is anticipated around the $20.8 mark.

Pi Coin Gears Up For Breakout From Key Pattern

Pi Coin is building pressure just below a critical resistance zone between $0.66 and $0.68. Currently priced at $0.6508, PI is locked inside a descending triangle, a setup often leading to sharp moves.

A breakout above $0.68 with volume could send the price racing toward $0.75 or even higher, setting the stage for a potential rally to $1.

Technical indicators are mixed, with the MACD showing early strength and the RSI at 50, indicating neither overbought nor oversold conditions. Support levels are seen at $0.62 and $0.64, while resistance is expected at $0.68 and $0.75.

Cold Wallet Offers The Last Cheap Entry Before Privacy Becomes Premium

In the rapidly evolving crypto sphere, privacy is emerging as a paramount concern. As blockchain surveillance intensifies, most wallets still leak data like IP addresses, transaction histories, and wallet behaviors, turning everyday activity into a source of exposure.

Enter Cold Wallet, a privacy-focused crypto project that is building the foundation Web3 will soon require, starting with a best crypto presale offering massive gains for early supporters.

Using cutting-edge zero-knowledge technology and leaving no metadata trail, Cold Wallet eliminates any exposure from the start. This contrasts sharply with popular wallets that claim decentralization while silently monitoring user behavior.

Cold Wallet makes privacy the default setting, with no hidden observers, no background data sales, and only airtight protection across every layer of Web3.

At just $0.00758 in stage 5 of its presale and a projected listing near $0.351, Cold Wallet offers a clear 4900% upside for those who join early.

This is not a speculation game or a meme coin. It is a chance to secure a project with confirmed utility and use cases before the price reflects what Cold Wallet truly delivers.

Privacy will not stay this affordable for long. As more users realize what they are giving up and how much they are willing to pay for it, demand will spike accordingly.

Cold Wallet is already running, already protecting, and already showing what privacy infrastructure looks like. In May, claim your shield from the cold open banking system.

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