Uniswap UNI Faces Intense Selling Pressure as Traders Move to Cash In
Uniswap’s native token, UNI, has recently seen a significant increase in exchange reserves. This uptick indicates that many market participants are moving their tokens onto exchanges, likely to sell. Such trends often create downward price pressure, as the surge in supply may outstrip demand. Investors should keep a close eye on how this evolving situation impacts UNI’s price in the coming days. The overall market sentiment could dictate whether UNI experiences a recovery soon, especially with traders assessing the best entry or exit strategies based on current movements.