Uniswap Whale Activity Reaches 7-Month High After Standard Chartered's $100 Price Target
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Uniswap Network Activity Surges as Whale Trades Rise
Uniswap active addresses reached a four-month peak, showing stronger user participation across the network. Whale transactions above $100,000 hit a seven-month high during June activity growth. Network metrics strengthened while UNI traded near $7.80 during recent sessions. Uniswap network activity accelerated during June as user participation increased and whale transactions climbed. Recent Santiment data showed four-month highs in active addre…
The British Standard Chartered bank has put a target price of $100 to the Uniswap UNI token, one of the main decentralized exchange platforms.The forecast, one of the most ambitious ever issued for a DeFi asset, has triggered the on-chain activity of the network, bringing it to levels that have not been seen for four months.According to data from the Santiment analysis firm, active addresses and whale transactions multiplied in the hours after t…
Uniswap whale activity reaches 7-month high after Standard Chartered's $100 price target
Increased whale activity highlights potential volatility and underscores the speculative nature of DeFi investments amid ambitious price forecasts. The post Uniswap whale activity reaches 7-month high after Standard Chartered’s $100 price target appeared first on Crypto Briefing.
Uniswap Whale Activity Hits 7-Month Peak Following $100 Prediction
Uniswap saw a jump in network activity this week after new institutional price expectations for its UNI token hit the markets and social media. According to a report by Santiment, whale transactions on the network reached a 7-month high while active whale addresses climbed to a four-month peak. Whale Transactions Rise The uptick came as traders reacted to a long-term forecast by the Standard Chartered research team led by Geoff Kendrick that pla…
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