Uniswap’s UNI Jumps Toward $7 as Whale-Fueled Rally Reshapes Market Sentiment

Uniswap’s UNI breaks key resistance on explosive volume as whales enter long positions, signaling renewed bullish momentum in Ethereum-based tokens. Uniswap’s UNI token continues to show bullish momentum, extending its rally after a breakout near $6.45 and now trading just below $6.80. The price action is supported by explosive trading volume and clear whale accumulation in derivatives markets. Institutional long positioning appears to be reinforcing the uptrend, with UNI outperforming broader Ethereum-based tokens. As Bitcoin's dominance softens, the persistent strength in UNI suggests market participants may be rotating into high-cap altcoins with upside breakout potential. Technical Analysis Highlights “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. Siamak Masnavi is a researcher specializing in blockchain technology, cryptocurrency regulations, and macroeconomic trends shaping the crypto market. He holds a PhD in computer science from the University of London and began his career in software development, including four years in the banking industry in the City of London and Zurich. In April 2018, Siamak transitioned to writing about cryptocurrency news, focusing on journalism until January 2025, when he shifted exclusively to research on the aforementioned topics. https://www.coindesk.com/markets/2025/06/04/uniswap-s-uni-jumps-toward-usd7-as-whale-fueled-rally-reshapes-market-sentiment #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