Uniswap slips as $56M Binance inflows signal short-term sell pressure

Published at 2025-11-13 11:21:10

Uniswap price weakened as on-chain data showed about $56 million worth of UNI routed to Binance, a classic precursor to exchange-driven selling. The drop comes after a strong 50% weekly rally and fresh discussion around a token burn proposal, and at press time UNI was trading near $8, down 6.7% over the past 24 hours.

The flows matter because large exchange inflows can quickly absorb momentum from retail and speculative buyers, creating short-term resistance even when tokenomics improvements are proposed. Traders should watch exchange order books and further inflows for confirmation; if selling subsides, the burn proposal could support a higher medium-term floor, but for now market structure points to profit-taking and capped upside.

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