Uniswap Volume Don Hit Record as Whales Dey Buy, UNI Ready To Bounce Back
Uniswap UNI price don drop to one month low of $9.37 after e drop by 23% from the August high dem, e market cap reduce to $5.9 billion. Even tho plenty people dey sell, whales increase their UNI from 8.26 million for August to 8.77 million, while the smart money wallets dey hold 41.6 million tokens and exchange reserves don go down to 645 million. Uniswap DEX volume reach all-time high $143 billion for August, increase from $99 billion, make total volume for 2025 pass $724 billion. Protocol fees rise to $273.7 million this quarter compared to $263.8 million last quarter and $115 million for Q3 2024. On Unichain, Uniswap layer-2 network, dApps handle $12.54 billion for August, add up to $53 billion since dem launch am. Technically, UNI price still dey above 100-day EMA and main Murrey Math Lines support, mean say e fit rebound go $12.26 (about 30% gain). If e drop under 100-day EMA, e go negate this bullish view.
Bullish
Whale dem dey collect plenty tokens as DEX volume hit record and protocol fees still steady, show say demand for Uniswap UNI token strong wella. For past, anytime big holders dem increase dia stake, e fit mean say price go soon rise. Technical position wey dey above 100-day EMA plus key Murrey Math support dey confirm say e get chance say price go bounce back go previous high dem. Short term, plenty network use and fee increase fit make price rebound. Long term, Uniswap market lead for DeFi plus strong foundation—wey dey obvious for record volume and Unichain performance—support the upward movement steady steady.