Key Insights
- Uniswap price jumped 40% in one day to around $9.5.
- Whales bought $12.7 million UNI, but old wallets started selling.
- The new “Unification” plan from Uniswap Labs links token burns and protocol growth.
Uniswap (UNI) price jumped more than 40% in one day, reaching close to $9.5. That’s a big move for any token, and it got traders excited. But after a quick rally like this, the market often slows a bit as people take profits.
Trading numbers stayed high through the day. Many large investors, known as whales, were still active. But some long-term holders began moving their coins again.
This kind of activity often happens when the price moves up fast; older holders sell to secure profits, while new buyers try to keep the rally alive. Right now, Uniswap is in that in-between zone; strong, but a little tired.
Uniswap Price Indicators Show a Short Pause Ahead
Charts tell a mixed story for UNI price. The RSI (Relative Strength Index): a tool that shows if a coin is bought too much or sold too much, is near 76.
When RSI crosses 70, it usually means buying has been heavy and a rest could come soon. Uniswap price still trades around $9.5, showing buyers haven’t stepped back yet.
But a short pause here would be normal. If the RSI cools down while the price holds, that’s often a sign the rally can restart later.
But that’s not the only alarming RSI sign. Between mid-August and November 4, the Uniswap price made lower highs, whereas the price made higher highs.
That’s a classical hidden bearish divergence and hints at a pullback.
For now, there’s no panic, just caution. The rally was fast, and markets need to breathe after that kind of jump.
Whales Add $12.7M UNI, but Old Holders Are Selling
Whales, wallets that hold a lot of UNI, have been buying more during this rise.
In the past month, they picked up about 1.34 million UNI, worth $12.7 million, raising their total holdings to 10.67 million UNI. That shows strong belief in Uniswap’s long-term story.
But another signal says some older investors are doing the opposite.
The Spent Coins Age Band, which tracks how long coins sit before moving, rose on November 10.
That means older UNI tokens are being sent out again, which often happens when long-term holders take profits after a rally.
So, whales are buying, but old wallets are selling. This mix keeps the market busy but makes it harder for prices to rise easily.
Uniswap Labs Announces Major ‘Unification’ Proposal
At the same time, Uniswap Labs and the Uniswap Foundation announced a major governance update called “UNIfication.”
This proposal could reshape how Uniswap earns, burns, and distributes value across the network.
According to founder Hayden Adams, the plan will:
- Turn on protocol fees and use them to burn UNI tokens.
- Send Unichain sequencer fees to the same burn process.
- Burn 100 million UNI from the treasury to reflect uncollected past fees.
- Introduce Protocol Fee Discount Auctions to support liquidity providers.
- Add aggregator hooks that let Uniswap v4 collect fees from outside liquidity pools.
- Merge some Foundation staff with Labs to focus on growth under a treasury-backed fund.
Uniswap Labs also said it would stop charging fees on its wallet, API, and interface to focus only on UNI protocol adoption.
Adams noted that changing U.S. regulations finally gave the project more room to build openly after years of restrictions.
For traders, this is important. The Unification plan ties Uniswap’s network activity directly to UNI’s token supply through burns, meaning more use could make the token rarer over time.
But in the near term, this new shift could also create more price swings as markets digest the change.
Key Levels for Uniswap Price To Watch
At the time of writing, Uniswap (UNI) price was holding near $8.5. The first important level is $9.0; staying above that means buyers are still confident.
However, if UNI price slips below $8, traders might start selling more quickly.
The next test is higher. If Uniswap crosses $10.28, it could move toward $12.27, which is where the last rally slowed down.
That’s the level many traders are watching to see if this move can turn into a longer trend.
The 40% rise in Uniswap price shows strong demand, but also how fast the mood can change. The new Unification proposal adds a major story to the mix, one that could change how UNI’s value builds over time.
The new Unification proposal adds a major story to the mix, one that could change how UNI’s value builds over time.