Whale accumulation in Uniswap (UNI) is drawing attention after three newly created wallets acquired 782,130 UNI worth approximately $6.97 million, according to on-chain data highlighted by @lookonchain. In a notable transaction, a wallet associated with Galaxy Digital received 130,000 UNI, valued at around $1.14 million.
Alongside the accumulation, significant UNI withdrawals from centralized exchanges have been recorded: 221,955 UNI were moved from Bybit and OKX, while 430,174 UNI left Binance and Gate over recent days. Such outflows often precede shifts in market dynamics, and the pattern may indicate preparations for increased volatility or bullish positioning. Uniswap remains a leading decentralized trading protocol that allows users to swap cryptocurrencies without intermediaries, and the current whale activity makes UNI a focal point for traders watching trading volumes and sentiment indicators.
