Uniswap (UNI) in Crisis: $16.7 Million Whale Dump Causes Turmoil
Uniswap’s UNI Token Faces Intense Selling Pressure December 10, 2024 Uniswap’s native token, UNI, has come under intense selling pressure, raising concerns about its near-term trajectory. On December 10, 2024, blockchain analytics platform Lookonchain reported a significant sell-off by Cumberland, a high-profile trading firm, which offloaded 989,520 UNI tokens worth $16.73 million across major exchanges,…