CME has launched #UNI and Micro UNI futures, giving institutions another compliant way to trade UNI and bringing traditional finance and DeFi closer together.
On-chain, #a16z -linked holdings total around 64 million UNI, or about 10% of the circulating supply. This concentration is worth watching, though there is currently no evidence of large-scale selling.
UNI is currently trading at $7.17, and the short-term trend has yet to turn bullish.
$7: Key support
$7.3: If reclaimed, watch for $8
If $7 breaks: Watch for a further pullback
On-chain, #a16z -linked holdings total around 64 million UNI, or about 10% of the circulating supply. This concentration is worth watching, though there is currently no evidence of large-scale selling.
UNI is currently trading at $7.17, and the short-term trend has yet to turn bullish.
$7: Key support
$7.3: If reclaimed, watch for $8
If $7 breaks: Watch for a further pullback