analysis

Uniswap Sees Biggest Wallet Surge in 4 Years. Will UNI Rally?

0Importance
closedStatus
1News media
Published
Updated

Key claims & sources

Summary in preparation.

Market reaction i

UniswapUNI the event is about this asset

Uniswap rose 0.1% in the 4 hours after the first headline, after falling 0.3% in the 2 hours before.

$6.84 price at the headline
-0.3% 2 h before
+0.1% 4 h after
-1.0% 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 24 10:12
BeInCrypto scoop
Breaks the event: $1.4B

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.