analysis

Uniswap sees $12M in exchange withdrawals, yet UNI remains bearish – Why?

0Importance
closedStatus
1News media
Published
Updated

Key claims & sources

Summary in preparation.

Market reaction i

UniswapUNI the event is about this asset

Uniswap rose 0.7% in the 4 hours after the first headline, after rising 1.0% in the 2 hours before.

$7.12 price at the headline
+1.0% 2 h before
+0.7% 4 h after
-1.1% 12 h after
First headline

47 prices, one every 30 minutes · The move was larger before the first headline than after: an observation, not an explanation. The market also moves on things nobody publishes.

Coverage timeline

Every piece in order, with the time its news medium declares — if it is not believable we use ours and say so — and what it added to what was already known at that point. Arriving first is not the same as adding something.

first
Oct 28 02:00

Where this sits in the Uniswap series

WhenWhat happenedFigure
43 days ago UNI at $10.08 high today it sits -31.5% from there
10 days ago UNI at $6.32 low today it sits +9.2% from there

From what we have stored, starting 2 months ago.