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Uniswap (UNI) Faces Pressure as Whale Sell-Off Signals Uncertainty

Uniswap Labs

Uniswap (UNI) finds itself under pressure as interest from whales wanes during a broader cryptocurrency market correction. On December 10, Lookonchain, a whale transaction tracker, revealed that trading firm Cumberland sold 989,520 UNI tokens valued at $16.73 million. These sales were distributed across major exchanges, including Binance, Coinbase, OKX, and Robinhood. This sell-off coincided with …

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