Sell Alert on Altcoin That Surged 370 Percent: Massive Inflows of Tokens to Binance

In his assessment published today, crypto analyst Darkfost pointed out the pressure on the price of Uniswap’s $UNI token from assets flowing into exchanges. According to the analyst, $UNI is going through a distribution period after a strong upward trend.

According to the data, the altcoin has risen by approximately 370 percent from its June lows. Uniswap’s locked asset value exceeded $4 billion in September, while the decentralized exchange’s trading volume reached $93.6 billion.