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Cryptocurrency News Video
Uniswap (UNI) Falls 6% as Institutions Offload $82M. Still Up 20% in a Month
May 16, 2025 at 01:28 pm Crypto World Daily
Massive exchange deposits signal bearish sentiment as Uniswap's native token breaks critical support levels amid heightened market volatility. The cryptocurrency market is experiencing significant turbulence as Uniswap's UNI token faces intense selling pressure. After establishing resistance at $6.780, UNI cascaded downward with multiple high-volume selling periods, breaking below critical support levels, according to CoinDesk Research's technical analysis data model. This volatility comes as blockchain data reveals large institutional holders transferred substantial UNI positions to centralized exchanges, with two addresses moving 11.65 million tokens ($82.38M) to Coinbase Prime.Technical Analysis Highlights Disclaimer: This article was generated with AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy. This article may include information from external sources, which are listed below when applicable. External References “AI Boost” indicates a generative text tool, typically an AI chatbot, contributed to the article. In each and every case, the article was edited, fact-checked and published by a human. Read more about CoinDesk's AI Policy. https://www.coindesk.com/markets/2025/05/15/uniswap-uni-falls-6-as-institutions-offload-usd82m-still-up-20-in-a-month #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple
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