UNI Slides as Whale Sell-Off Triggers Critical Breakdown; $82M Moved to Exchanges

Uniswap’s UNI token has come under significant pressure as heightened volatility and whale activity spark concerns of a deeper correction. A wave of institutional selling and technical breakdowns has sent the DeFi token reeling.

After failing to break through resistance at $6.78, UNI slipped into a downward spiral, with heavy volumes accelerating the decline. Two large wallet addresses transferred a combined 11.65 million UNI—worth roughly $82.38 million—to Coinbase Prime, indicating preparation for large-scale offloading.

Technical Signals Flash Red:

• UNI price dropped from $6.658 to $6.286, a 5.59% intraday slide.
• Strong resistance emerged at $6.78, where volume topped 2.02 million tokens during the midnight session.
• Intense sell-offs were recorded between 05:00–07:00 and again at 10:00, the latter marking the peak volume for the day at 2.43 million.
• The drop breached the critical $6.30 support zone, deepening the bearish outlook.
• A wide trading band of 8.12% ($0.541) highlighted elevated volatility.
• Sharp losses struck late in the session, including a plunge from $6.387 to $6.239 (2.3%) and a steep 5.1% drop at 13:33 with 48.8K volume.
• Further selling at 13:48 pushed UNI to its lowest point before a late bounce brought it back to $6.304.

Despite a 20% monthly gain, UNI’s short-term outlook appears shaky, as large holders exit positions and technical patterns turn increasingly bearish. A sustained break below the $6.30 mark could open the door to further downside unless buyer momentum returns.