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
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
AMBCrypto
scoop
Oct 28 02:00
Breaks the event: $12M
Where this sits in the Uniswap series
| When | What happened | Figure |
|---|---|---|
| 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.