Uniswap’s [UNI] performance, of late, has wholly aligned with the interests of investors. UNI registered double-digit weekly gains, thanks to the interest of the whales. UNI was on the list of the top 10 purchased tokens among the 5000 largest Ethereum whales in the last 24 hours.
However, not everything was as good as it looked, CryptoQuant’s data revealed that investors should remain cautious. The trend reversal might have already started as UNI’s price decreased by over 4% in the last 24 hours. At press time, Uniswap was trading at $6.13 with a market capitalization of around $4.68 billion.