Daily fees down 23%; token price barely budged, down just 1%.
$UNI ’s on-chain daily fees were about 1.8 million, versus about 2.35 million the day before, down 23.4% day over day.
Binance: 7.062, down 1.0% on the day and 4.0% below its high; HL holdings were about 66.7 million versus 12.8 million for the day, a 5.2x concentration.
The fees shrank first, but the positions are still there—mark it as a cooldown for now.
I wouldn’t call it a recovery until daily fees get back above 2.2 million.
#UNI费用 #blue-chip structure
$UNI ’s on-chain daily fees were about 1.8 million, versus about 2.35 million the day before, down 23.4% day over day.
Binance: 7.062, down 1.0% on the day and 4.0% below its high; HL holdings were about 66.7 million versus 12.8 million for the day, a 5.2x concentration.
The fees shrank first, but the positions are still there—mark it as a cooldown for now.
I wouldn’t call it a recovery until daily fees get back above 2.2 million.
#UNI费用 #blue-chip structure