UNI Whales Capitulate with Major Sell-Offs, Hinting at Further Price Declines

UNI whale capitulation has intensified following the recent Unification proposal, with major holders selling off holdings amid a price drop from $10.2 to $6.4, signaling bearish sentiment in the Uniswap ecosystem. Dormant whale sells 512k UNI after 4.5 years, booking $11.65 million loss. Whale activity surged post-proposal, shifting from buys to heavy sells. Exchange netflows [...]