Cumberland sells 989,520 UNI tokens: Cumberland, a significant trading firm, recently sold 989,520 UNI tokens, valued at approximately 16.73 million USD, across MAJOR exchanges including Binance, Coinbase, and OKX. This substantial transaction came shortly after UNI experienced a 10% decrease in its value, reflecting bearish market sentiment.
UNI’s price could see fluctuations: UNI is now trading at around 16 USD, suffering a 14% decline in the last 24 hours. However, a surge in trading volume by 15% indicates increased trader participation. Analysts suggest that if UNI stays above 14.90 USD, the price might rise to 19.75 USD but could fall to 11.30 USD if it drops below.
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