
Continue Capital Transfers 1.5 Million UNI to Unichain: $8.12M Deal Signals Uniswap and DeFi Liquidity Moves | Flash News Detail
This transfer may drive additional adoption of Unichain’s cross-chain capabilities, doubtlessly growing UNI’s utility and demand. Merchants ought to monitor key resistance ranges round $5.50 for UNI/USDT on Binance, as breaking this threshold may set off a rally towards $6.00, a psychological barrier final examined on April 15, 2025, at 09:00 UTC (Supply: TradingView historic knowledge, April 29, 2025).
Moreover, the $119 million allocation to Unichain liquidity applications by Proceed Capital signifies a long-term dedication to DeFi development, which can stabilize UNI’s value volatility. For these exploring Uniswap buying and selling methods, specializing in UNI/ETH and UNI/BTC pairs may yield alternatives, as these pairs recorded a mixed buying and selling quantity of $18.7 million within the final 24 hours as of 15:15 UTC (Supply: CoinGecko, April 29, 2025). Furthermore, the involvement of institutional capital in cross-chain ecosystems like Unichain may appeal to retail curiosity, additional boosting UNI’s market cap, which presently stands at $3.2 billion (Supply: CoinMarketCap, April 29, 2025).
From a technical perspective, UNI’s value motion and quantity metrics present crucial insights for merchants. As of 15:20 UTC on April 29, 2025, the Relative Power Index (RSI) for UNI/USDT on Binance sits at 58, indicating a neutral-to-bullish momentum with out coming into overbought territory (Supply: Binance technical indicators, April 29, 2025).
The Transferring Common Convergence Divergence (MACD) additionally reveals a bullish crossover, with the sign line trending upward since 12:00 UTC as we speak (Supply: TradingView, April 29, 2025). Buying and selling quantity evaluation reveals a 35% surge in UNI transactions, with over 8,200 trades executed within the UNI/USDT pair between 14:00 and 15:00 UTC, amounting to $29.3 million (Supply: CoinGecko quantity knowledge, April 29, 2025). On-chain metrics from Dune Analytics additional affirm heightened exercise, with Uniswap V4 liquidity swimming pools seeing a 12% enhance in complete worth locked (TVL) to $1.8 billion as of 15:25 UTC (Supply: Dune Analytics, April 29, 2025).
For merchants eyeing DeFi token buying and selling alternatives or Uniswap value evaluation, these indicators counsel a possible breakout if quantity sustains above $40 million within the subsequent few hours. Moreover, whereas this occasion doesn’t immediately tie to AI-driven crypto initiatives, the effectivity of cross-chain transactions may encourage AI-based buying and selling algorithms to optimize liquidity provision methods, not directly influencing sentiment in AI-crypto crossover markets like FET or AGIX, which noticed a 1.5% uptick in correlation with UNI at 15:30 UTC (Supply: CryptoCompare correlation knowledge, April 29, 2025).
FAQ Part for Merchants:
What does Proceed Capital’s UNI switch imply for Uniswap’s value in 2025?
The switch of 1.5 million UNI tokens price $8.12 million to Unichain by Proceed Capital at 14:30 UTC on April 29, 2025, alerts robust institutional backing for Uniswap’s ecosystem. This might drive UNI’s value towards $6.00 if resistance at $5.50 is breached, supported by a 2.3% value enhance and $45 million in buying and selling quantity inside an hour of the information (Supply: Binance and CoinMarketCap, April 29, 2025).
How can merchants leverage Unichain liquidity incentives for UNI?
Merchants can discover staking or liquidity provision in Unichain, the place Proceed Capital has allotted $119 million as of April 29, 2025. Monitoring UNI/ETH and UNI/USDT pairs, which recorded $18.7 million in quantity within the final 24 hours, may uncover worthwhile entry factors (Supply: CoinGecko, April 29, 2025).