Binance Sees Surge in UNI Token Accumulation as Whales Drive Price Rally

Uniswap’s UNI token has experienced a notable rebound, climbing from $5.80 to $6.30 after a significant whale purchase of over 400,000 tokens on Binance. This move underscores renewed confidence among large investors, with 78% of futures contracts positioned long. Spot market data further highlights a buyer-dominated landscape, with 3.18 million UNI tokens acquired against a positive imbalance of 907,000 tokens. The altcoin’s funding rate has remained positive for three consecutive days, signaling sustained bullish sentiment. This accumulation by whales and the resulting price action suggest growing optimism in UNI’s potential, particularly on Binance, where the large transaction occurred. The market’s response to this whale activity reflects broader trends in decentralized finance (DeFi), where investor confidence can quickly shift based on significant movements by large holders. As the crypto market continues to evolve, such accumulation patterns often precede further price appreciation, making this development a key point of interest for traders and investors alike.

Uniswap Bulls Return as Whales Accumulate UNI Tokens

Uniswap’s UNI token rebounded from $5.80 to $6.30 following a significant whale purchase of over 400,000 tokens on Binance. The MOVE signals renewed confidence among large investors, with 78% of futures contracts positioned long.

Spot market data reveals a buyer-dominated landscape, with 3.18 million UNI tokens acquired against a positive imbalance of 907,000 tokens. The altcoin’s funding rate remains positive for three consecutive days, reflecting sustained bullish sentiment in derivatives markets.

Earlier attempts to break past $7.6 met resistance, but the subsequent pullback to $5.80 appears to have created strategic accumulation opportunities. Lookonchain tracked one whale acquiring $2.46 million worth of UNI, while broader market activity suggests institutional players are rebuilding positions.

Top 3 Cryptocurrencies That Could Deliver Big Gains In June 2025

The cryptocurrency market surged in May, with Bitcoin peaking at $111,814 before retreating to $104,000 amid US-China trade tensions. Investor caution triggered a broad correction, but a potential trade deal could reignite momentum.

Ripple’s XRP emerges as a standout contender for June’s rally. The resolution of its SEC lawsuit and anticipated spot ETF approvals bolster its prospects. Expansion of the XRP Ledger’s utility further supports bullish sentiment.

Binance Coin gains traction after the SEC dropped its case against the exchange. This regulatory clarity may restore market confidence, positioning BNB for potential new highs.