Uniswap (UNI) Tanks 6% After Institutions Dump $82M—But Still Riding 20% Monthly Gains
DeFi’s darling Uniswap takes a hit as whales cash out—because nothing says ’confidence’ like a nine-figure sell-off. Yet somehow, UNI’s still up 20% this month. Crypto math: where losing $82M just means you’re ’consolidating.’
Institutions flee like rats from a sinking ship (or, more accurately, a slightly listing yacht). Meanwhile, retail hodlers cling to those green monthly charts—because in this market, even a dead cat bounce gets called a ’bull trap.’
Pro tip: When VCs unload eight figures worth of tokens, maybe—just maybe—they know something your Twitter alpha group doesn’t. But hey, keep buying those dips. Wall Street’s garbage is crypto’s treasure.