Uniswap Whales Go on a Feeding Frenzy—Is Your Wallet Next?

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If there’s one thing I admire, it’s the dedication of the modern crypto whale. I like to imagine them, still in their pajamas at 2 PM, clutching an oat milk latte in one hand, their phone in the other, moving tens of millions in Uniswap (UNI) tokens, possibly without ever making eye contact with another human being. According to IntoTheBlock (who, with a name like that, probably throws truly electrifying dinner parties), UNI whale transactions just soared a modest 1,713%. That’s right: whatever you did today, I guarantee it did not skyrocket by 1,713%. 🚀

Whales With Ants in Their Wallets

So in the last 24 hours, these whales pushed Uniswap transactions to a breezy 58.36 million UNI, which translates to around $431.07 million—give or take the price of a medium pizza, depending on network fees. If that sounds like a large number, that’s because it is. I personally haven’t moved that much of anything since I accidentally knocked over a display of greeting cards at CVS.

This flurry of aquatic mammal activity more than made up for the previous seven-day low: a paltry 3.2 million UNI moving hands, which in whale terms is basically getting out of bed, messing up the sheets, and lying right back down. And now? They’ve set a brand-new seven-day high. Proof, perhaps, that FOMO is alive and well beneath the waves.

Meanwhile, Uniswap’s value tiptoed upward by 5.26% over the week, implying that, yes, millions in flappy-finned transactions eventually add up. As of now, UNI trades at $7.42—up a timid 0.58% in the past 24 hours. At one point, it hit $7.47 before retracing, possibly reflecting the mood of anyone checking their portfolio before their first coffee of the day.

However, despite big-league whale games, the transaction volume itself is on the downswing, down 8.76% at $245.82 million. In the crypto world, this is known as “being grounded.”

Technical Indicators Have Entered the Chat

If you believe in charts (and if you don’t, why are you even here?), the Relative Strength Index (RSI) is currently sitting at a respectable 54. Translation: UNI might have a little more gas left before it collapses, exhausted, into the overbought zone like I do after a Costco run.

If UNI can karate-chop its way past the resistance at $7.62 to $7.65, it might go for the coveted $8 mark, provided someone somewhere is feeling trigger-happy with the “buy” button. Apparently, Uniswap V4 is even more efficient than version V3—sort of like going from a two-slice toaster to a four-slice, except instead of toast you get the wild, dizzying thrill of improved token swaps.

All of this could be good news, assuming whales keep doing their whale things, and the rest of us continue pretending we understand what any of this means. For now, retail investors might want to keep an eye out for the next big move—or simply enjoy the spectacle of crypto’s most well-heeled sea creatures splashing about. 🐋💸

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2025-07-08 16:02