Uniswap [UNI] is back in the news after the token resurged amid the ongoing market recovery. The largest DeFi exchange has signs of northern movement since the start of the week. It seems like UNI’s focus is to end June on a high note after looking at the price trajectory in the last few days. Furthermore, whale accumulation can also considered as a major factor in the increasing prices of the UNI token.
Uniswap is among those to relish the recent market resurgence after attempting a price revival recently. UNI has surged by 55% in the past week to $5.59 at press time and is further up by 2% in the past 24 hours. This is a big leap for the token after dropping to as low as $3.39 during the recent crash.
Uniswap has also been at the centre of whale accumulation. Per the following tweet, UNI just broke into the most purchased token among top 1,000 BSC whales in the past 24 hours.
<p lang=«en» dir=«ltr» xml:lang=«en»>JUST IN: $UNI @Uniswap now on top 10 purchased tokens among 1000 biggest #BSC whales in the last 24hrs Read more on ambcrypto.com