UNI price soars 14.5% as two key metrics affirm the bullish trend

The UNI token jumped 14.5%, reaching 6.75 USD, while market capitalization is now at 4.25 billion USD. A strong increase in trading volume by 88.4% reflects renewed investor interest in this DeFi token.

Open Interest has risen 26.92%, suggesting increased market participation, while short liquidations confirm bearish exhaustion. The increase in exchange reserves indicates potential selling pressure but not enough to deter the current bullish trend.

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