Uniswap (UNI) Falls 6% as Institutions Offload $82M, Still Up 20% in a Month

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
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