Why UNI’s latest rally is more than just ETH whales showing increased interest

UNI was among the cryptos that the top 100 ETH whales were holding Funding rate and MVRV Ratio increased, with growth in the NFT space Uniswap [UNI] outperformed several other cryptos with a larger market capitalization by registering double digit gains in a single day. CoinMarketCap’s data revealed that UNI’s price increased by over 11% […]

Funding rate and MVRV Ratio increased, with growth in the NFT space

outperformed several other cryptos with a larger market capitalization by registering double digit gains in a single day.revealed that UNI’s price increased by over 11% and 23% in the last 24 hours and week, respectively. At the time of writing, UNI was valued at $6.78 with a market cap of more than $5.1 billion.The recent uptrend might have played a key role in garnering whale interest.

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