A Uniswap [UNI] whale has withdrawn 2.16 million tokens worth $12.98 million from Binance in just five days
![Uniswap [UNI] whale withdraws 2.16 million tokens worth $12.98 million from Binance](/assets/pc/images/moren/280_160.png "Uniswap [UNI] whale withdraws 2.16 million tokens worth $12.98 million from Binance")
A Uniswap [UNI] whale has sold 2.16 million tokens, worth $12.98 million, from Binance over just five days, the most recent $7.37 million portion being sold less than 24 hours ago.
This is part of a broader shift in token distribution, with exchange reserves dropping by 8.1% as the accumulation begins.
Typically, this behavior indicates growing confidence and a long-term holding strategy by large investors. When paired with reduced Exchange Supply, such activity often precedes a strong upward price shift.
Can UNI break out from its symmetrical triangle pattern?
UNI has been consolidating within a symmetrical triangle on the 4-hour chart, characterized by lower highs and higher lows converging toward an apex.
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![Uniswap [UNI] whale withdraws 2.16 million tokens worth $12.98 million from Binance](/uploads/2025/05/25/cryptocurrencies-news/articles/uniswap-uni-whale-withdraws-tokens-worth-binance/68322a187d60e_middle_800_480.webp "Uniswap [UNI] whale withdraws 2.16 million tokens worth $12.98 million from Binance")
