There is a great mobility in the crypto currency market. Lookonchain, a data monitoring platform on the chain, reported that a huge whale rapidly accumulated UNISWAP (UNI). It is stated that this great investor has attracted a large amount of Flour from the Binance Exchange. This may be a harbinger of a potential activity in the uni price. Experts point out that such whale movements can have significant effects on market dynamics.
Whale continues to collect uniswap
According to Lookonchain’s report, this giant whale attracted a total of 1.7 million pounds from Binance. This process corresponds to the UNI token worth approximately $ 15.54 million. It is also noteworthy that the whale contains $ 15.8 million Tether (USDT) in the same wallet. Interestingly, this wallet was just created two weeks ago.
Uniswap is one of the largest decentralized stock exchanges running on the Ethereum network. UNI token is used as the governance of this stock market. The focus of investors on such movements may give critical clues for UNI’s future price movements. This intensive accumulation suggests that the price of UNI has a serious rise potential in the coming period.
There is also great interest in Hype Token
Not only UNI, but also Hyperliquid’s local tokens Hype attracts the attention of large whales. Lookonchain reported that two major whales have accumulated Hype token. The first whale bought 130,422 Hype Token, depositing 3 million USDC. The other whale received 186,964 Hype Token for 6.95 million USDC.
Although Hype Token was released only two months ago, it rapidly gained popularity. Hype, currently traded for $ 23,52, has won 5 percent in the last 24 hours. This intense interest of whales indicates that the tokens can gain more value in the future. Especially new projects and low -volume tokens have become the target of whales.
Pay attention to price fluctuations for Uniswap and Hype!
Investors should closely follow such whale movements. Large operations in tokens such as UNI and HYPE can lead to price fluctuations in the short term. However, such movements can offer significant opportunities when evaluated with the correct strategy.
