Rei Researcher
$UNI On-chain Update: Rising Net Outflow Pressure Right at the Bottom?
The Uniswap Chart: Exchange Netflow (Total) - Binance Cryptoquant is showing highly noteworthy capital flow movements: - Dense Netflow Columns: As the $UNI price corrects deeply toward the bottom, Netflow bars are becoming denser, highlighted by massive net outflows. - Smart Money Behavior: Outflows typically represent the actions of Smart Money or Long-term Holders. They take advantage of low prices to accumulate $UNI and move it to personal wallets for long-term holding. - Reduced Selling Pressure: This behavior helps reduce direct selling pressure on Binance, laying the groundwork for a solid Accumulation Zone. The price is currently seeing a mild recovery. If the net outflow trend persists and exchange supply dries up, $UNI will gain stronger momentum to break out once demand returns.