Although UNİSWAP (UNI) price has a decline in recent days, big investors are looking for opportunities. The latest data shows that whales are drawn $ 16 million from Binance. In addition, the launch of the V4 version of UNISWAP increases optimism in the market.
Uniswap is moving with whale purchases!
In recent days, Uniswap continues to attract the attention of major investors. According to On-Chain data, a UNI whale pulled 1.7 million token from Binance. The total value of this transfer was calculated as 15.54 million dollars.
Such large purchases show that market confidence has increased. The movements of whales can usually raise prices. Past data shows that UNI has made significant rise in similar cases. If this trend persists, a new rally may start for UNI.
Uniswap V4 launch excited investors!
On January 31, Uniswap launched the highly anticipated V4 version. This new update brings innovations that reduce costs for decentralized stock exchanges and offer customizable features.
The new version has become activated in large networks such as Ethereum, Polygon, Arbitrum, BNB Chain and Avalanche. The previous versions of Uniswap proved its reliability with a transaction volume of $ 2.75 trillion. Therefore, the V4 version is expected to attract more users.
UNİSWAP V4 DRAMATA Reduced GAS fees!
Uniswap Labs CEO Hayden Adams compares the usual fees between V3 and V4. The cost of creating a V3 pool in Ethereum Mainnet is 5.165,447 GAS ($ 57.42), while the same process spends only 431,860 gas ($ 4.63).
This big difference makes Uniswap more attractive. Low trading fees can allow more users to join the Dex. This can increase the market dominance of Uniswap.
What’s next for UNI price?
Despite whale purchases and V4 launch, the uni price is still at $ 9.15. Token, 3 %decreased in the last 24 hours. However, the daily transaction volume increased by 5 %and reached 223.17 million dollars.
Technical indicators show that UNI is in the over -selling zone. The relative power index (RSI) is 33, which indicates that a recovery may be close. If the investor involvement continues, it may start a upward movement by breaking the Fl out of resistance levels.
