UNI Gains 14%, Uniswap Price Eyes $3.70 as Whale Accumulation and Rising DEX Activity Fuel Rally

Whales continue accumulating UNI

On-chain data also points to increasing participation from large holders.

Whale wallets have been accumulating UNI on the spot market, a trend that typically signals confidence in the asset’s medium- to long-term outlook. Large investors often build positions during periods of strengthening fundamentals, and their activity can provide additional support during market pullbacks.

The increase in whale accumulation comes as decentralized finance tokens begin attracting renewed investor interest following months of subdued performance.

If buying pressure from larger market participants continues, UNI could gain the momentum needed to challenge higher resistance levels.

Source: CryptoQuant

Bulls target liquidity cluster at $3.70

From a technical perspective, UNI remains in a favorable position despite the recent correction.

The successful breakout above $3.01 transformed a key resistance zone into support, strengthening the token’s bullish structure. Momentum indicators continue to improve, while price remains positioned for a potential move higher if buyers maintain control.

Market liquidity data reveals a sizable liquidity cluster around $3.70, making it the next major target for bulls. Such zones often attract price action as traders seek liquidity and market makers adjust positions.

A decisive move toward that level would represent another significant step in UNI’s recovery and could open the door to additional upside if broader market conditions remain supportive.

As it stands, rising DEX activity, expanding TVL, and continued whale accumulation are providing a strong foundation for the rally. Whether UNI can sustain its momentum will likely depend on whether these fundamental trends continue to strengthen alongside growing market participation.

Source: CoinGlass

Source:: UNI Gains 14%, Uniswap Price Eyes $3.70 as Whale Accumulation and Rising DEX Activity Fuel Rally