www.fxstreet.com Open in urlscan Pro
2606:4700:10::6816:468b  Public Scan

Submitted URL: http://www.fxstreet.com/cryptocurrencies/news/the-bane-of-uniswap-price-not-the-market-but-uni-holders-202304251557
Effective URL: https://www.fxstreet.com/cryptocurrencies/news/the-bane-of-uniswap-price-not-the-market-but-uni-holders-202304251557
Submission: On April 29 via api from FI — Scanned from FI

Form analysis 0 forms found in the DOM

Text Content

CONTINUE TO SITE

Skip to main content
TRENDING: EURUSD| GBPUSD| AUDUSD| USDCAD| XAUUSD

TRENDING: EURUSD| GBPUSD| AUDUSD| USDCAD| XAUUSD
 * 
 * 
 * 
 * 
 * 
 * 
 * 
 * |
 * GET THE APP
 * 
 * 
 * |
 *    Newsletter

MENU Show navigation FXStreet
Log in
Subscribe
Trading Studio
Log in Sign Up

--------------------------------------------------------------------------------

Search

--------------------------------------------------------------------------------

14:41 GMT

14:41 GMT

FXStreet - The forex market
 * RATES & CHARTS
    * Live Chart
    * Forecast Poll
    * Rates Table
    * Technical Levels
    * Technical Confluences Detector
   
    * EUR/USD
    * GBP/USD
    * USD/JPY
    * AUD/USD
    * NZD/USD
    * USD/CAD
    * GBP/JPY
    * EUR/JPY
    * Dollar Index
    * Gold
    * Oil
    * SP500

 * News
    * Forex News
    * Institutional Research
   
    * EUR/USD
    * GBP/USD
    * USD/JPY
    * AUD/USD
    * NZD/USD
    * USD/CAD
    * USD/CHF
    * EUR/GBP
    * Dollar Index
    * Commodities
    * Bonds
    * Equities

 * Analysis
    * Latest Analysis
   
    * EUR/USD
    * GBP/USD
    * USD/JPY
    * AUD/USD
    * USD/CAD
    * Dollar Index
    * Oil
    * Gold
    * Stocks
    * Commodities
    * Bonds
    * Risk On/Off
    * Support and Resistance
    * Elliott Wave
    * Cycles
    * Sentiment

 * Economic Calendar
    * Economic Calendar
    * Interest Rates
    * Market Hours
   
    * Fed
    * US CPI
    * Nonfarm Payrolls
    * BoC
    * ECB
    * BoE
    * BoJ
    * RBA
    * RBNZ
    * SNB

 * Cryptos
    * Latest News
    * Industry News
    * Rates & Charts
    * Education
   
    * Bitcoin
    * Ethereum
    * Ripple
    * Litecoin
    * Bitcoin Cash
    * Cardano
    * Stellar
    * VeChain
    * Chainlink

 * Education
    * Forex Education
    * Shows Schedule
    * Latest Live Videos
   
    * Ed Ponsi
    * Yohay Elam
    * Sarid Harper
    * Alex Ong
    * Sam Seiden
    * Steve Ruffley
    * Carol Harmer
    * George Hallmey
    * Dr. Woody Johnson
    * Navin Prithyani
    * David Pegler
    * Walter Peters

 * Brokers
    * Forex Brokers
    * Broker News

 * TRADE NOW

Trading Studio
Add pairs to list



Access HERE exclusive news & analysis! Trade with reliable data...

Close alert
 * Subscribe to FXStreet Premium
   
   --------------------------------------------------------------------------------

 * RATES & CHARTS
    * Live Chart
    * Forecast Poll
    * Rates Table
    * Technical Levels
    * Technical Confluences Detector
   
   ASSETS
    * EUR/USD
    * GBP/USD
    * USD/JPY
    * AUD/USD
    * NZD/USD
    * USD/CAD
    * GBP/JPY
    * EUR/JPY
    * Dollar Index
    * Gold
    * Oil
    * SP500

 * News
    * Forex News
    * Institutional Research
   
   LATEST NEWS BY ASSETS
    * EUR/USD
    * GBP/USD
    * USD/JPY
    * AUD/USD
    * NZD/USD
    * USD/CAD
    * USD/CHF
    * EUR/GBP
    * Dollar Index
    * Commodities
    * Bonds
    * Equities

 * Analysis
    * Latest Analysis
   
   EDITORIAL SELECTION
    * EUR/USD
    * GBP/USD
    * USD/JPY
    * AUD/USD
    * USD/CAD
    * Dollar Index
    * Oil
    * Gold
    * Stocks
    * Commodities
    * Bonds
    * Risk On/Off
    * Support and Resistance
    * Elliott Wave
    * Cycles
    * Sentiment

 * Economic Calendar
    * Economic Calendar
    * Interest Rates
    * Market Hours
   
   TOP EVENTS
    * Fed
    * US CPI
    * Nonfarm Payrolls
    * BoC
    * ECB
    * BoE
    * BoJ
    * RBA
    * RBNZ
    * SNB

 * Cryptos
   SECTIONS
    * Latest News
    * Industry News
    * Rates & Charts
    * Education
   
   SECTIONS
    * Bitcoin
    * Ethereum
    * Ripple
    * Litecoin
    * Bitcoin Cash
    * Cardano
    * Stellar
    * VeChain
    * Chainlink

 * Education
    * Forex Education
    * Shows Schedule
    * Latest Live Videos
   
   MOST POPULAR COACHES
    * Ed Ponsi
    * Yohay Elam
    * Sarid Harper
    * Alex Ong
    * Sam Seiden
    * Steve Ruffley
    * Carol Harmer
    * George Hallmey
    * Dr. Woody Johnson
    * Navin Prithyani
    * David Pegler
    * Walter Peters

 * Brokers
    * Forex Brokers
    * Broker News

 * 

Newsletter

;

Aaryamann Shrivastava
FXStreet Follow Following




THE BANE OF UNISWAP PRICE - NOT THE MARKET BUT UNI HOLDERS

Cryptos | 4/25/2023 3:57:42 PM GMT


--------------------------------------------------------------------------------

Share: Share on Twitter Share on Facebook Copy to clipboard Copied
Telegram
WhatsApp
Linkedin
Reddit
Email
 * Uniswap price is among the highest losers this week as the altcoin has
   declined by nearly 17% in the last five days.
 * UNI holders' loss-to-profit ratio is among the highest in the crypto market,
   with over 77% of holders losing money on their investments.
 * The lack of conviction among investors is visible in the active addresses'
   ratio, which is 0.18% of all addresses, lower than that of Shiba Inu.

Uniswap price has been painting red on the charts over the previous six days,
like the rest of the cryptocurrencies. But the reason behind the altcoin facing
a higher decline is due to its investors turning to sell instead of HODLing
through the bearishness. This is also one of the reasons why UNI is far from
marking a new 2023 high.


UNISWAP PRICE IN THE WEEDS

Uniswap price, unlike other digital assets, is closer to the year-to-date lows
than the highs. While the entire crypto market experienced bullishness over the
last couple of weeks, UNI remained consolidated below $7.0. Now following the
17% crash over the past week, the altcoin has dipped to trade at $5.2, close to
the December lows of $4.9.





UNI/USD 1-day chart

The reason behind Uniswap price observing such a decline is due to a notable
lack of investor conviction. While even Shiba Inu investors refrained from
selling their stash, UNI holders dumped close to 600,000 UNI in the last couple
of days of volatility, as noted on the supply on exchanges. 

A lot of this came from whales holding between 100,000 to 1 million UNI as their
balance fell by 1.4 million UNI from 87.9 million to 86.5 million UNI.



Uniswap whale accumulation

But beyond the selling, it's the lack of participation that is a matter of
concern. Despite having a total number of users holding a balance in the range
of 350,000, the number of investors active on the network is, on average, less
than 700. Spikes in the users' conducting transactions have been noted
arbitrarily, thus bringing the active address ratio to 0.18%.



Uniswap active address ratio

To put this into perspective, Shiba Inu has an active address ratio of 0.30%.
These holders are considered to be some of the most opportunistic investors in
the market and only come alive when the altcoin is either rallying or crashing.

Since this lack of conviction amongst UNI investors leads to a lower bullish
momentum, Uniswap price does not find enough strength to chart gains.
Consequently, this altcoin's investors currently face the lowest profit-to-loss
ratio, with less than 19% of the investors currently making money on their
investment.



Uniswap investors in loss

The success of any project or altcoin is highly dependent on its users, and for
Uniswap price to note a solid recovery going forward, these investors would need
to step up.

Share: Cryptos feed

Information on these pages contains forward-looking statements that involve
risks and uncertainties. Markets and instruments profiled on this page are for
informational purposes only and should not in any way come across as a
recommendation to buy or sell in these assets. You should do your own thorough
research before making any investment decisions. FXStreet does not in any way
guarantee that this information is free from mistakes, errors, or material
misstatements. It also does not guarantee that this information is of a timely
nature. Investing in Open Markets involves a great deal of risk, including the
loss of all or a portion of your investment, as well as emotional distress. All
risks, losses and costs associated with investing, including total loss of
principal, are your responsibility. The views and opinions expressed in this
article are those of the authors and do not necessarily reflect the official
policy or position of FXStreet nor its advertisers. The author will not be held
responsible for information that is found at the end of links posted on this
page.

If not otherwise explicitly mentioned in the body of the article, at the time of
writing, the author has no position in any stock mentioned in this article and
no business relationship with any company mentioned. The author has not received
compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author
makes no representations as to the accuracy, completeness, or suitability of
this information. FXStreet and the author will not be liable for any errors,
omissions or any losses, injuries or damages arising from this information and
its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in
this article is intended to be investment advice.



Join Telegram




FOLLOW US ON TELEGRAM


STAY UPDATED OF ALL THE NEWS

Join Telegram


 




RECOMMENDED CONTENT


 1.  SOLANA PRICE TO ADD 25% VALUE AS BULLS ARE BUYING EVERY DIP IN SIGHT
     
     By Filip L. | 12:43 GMT


 2.  SHIBA INU PRICE LIKELY TO TRAP INVESTORS WITH FALSE BREAKOUTS, 20% PLUMMET
     ON THE HORIZON
     
     By Filip L. | 10:40 GMT


 3.  LITECOIN PRICE RISKS 15% DECLINE AS LTC HALVING HYPE DIES DOWN
     
     By Filip L. | 08:14 GMT


 4.  BINANCE EXCHANGE NEW TUSD/DOGE TRADING PAIR COULD BE A BULLISH CATALYST FOR
     DOGECOIN PRICE
     
     By Lockridge Okoth | 01:08 GMT


 5.  IS BITCOIN PRICE SET TO SHINE AS STOCK MARKET INVESTORS “SELL IN MAY AND GO
     AWAY”?
     
     By Aaryamann Shrivastava | 00:34 GMT


 6.  TERRA CLASSIC SUPPORTERS WANT USTC PEG TO THE DOLLAR RESTORED, A BULLISH
     CATALYST FOR TERRAUSD PRICE
     
     By Lockridge Okoth | Apr 28, 23:58 GMT


 7.  MASTERCARD ADVANCES ITS BITCOIN AND CRYPTO CARD ADOPTION WITH NEW
     PARTNERSHIPS, POLYGON, SOLANA IN THE MIX
     
     By Lockridge Okoth | Apr 28, 20:55 GMT


 8.  DOGECOIN PRICE RALLYING BY 10% WILL HAVE THIS EFFECT ON 20 BILLION DOGE
     
     By Aaryamann Shrivastava | Apr 28, 19:34 GMT


 9.  ETHEREUM CLASSIC PRICE FORECAST: ETC BULLS SHOULD EXPECT AT LEAST ONE MORE
     LOW, HERE'S THE SILVER LINING
     
     By Lockridge Okoth | Apr 28, 19:10 GMT


 10. WITH 96% OF THE INVESTORS SUFFERING LOSSES, ALGORAND PRICE MIGHT NEED MORE
     THAN NEW 2023 HIGHS
     
     By Aaryamann Shrivastava | Apr 28, 16:52 GMT


 11. SHIBA INU PRICE IN CATCH-22 AS PRICE ACTION COULD SLIDE BELOW $0.00001000
     AGAIN
     
     By Filip L. | Apr 28, 14:16 GMT




--------------------------------------------------------------------------------


FOLLOW US ON TELEGRAM


STAY UPDATED OF ALL THE NEWS

Join Telegram




RECOMMENDED CONTENT





EDITORS’ PICKS


WITH 96% OF THE INVESTORS SUFFERING LOSSES, ALGORAND PRICE MIGHT NEED MORE THAN
NEW 2023 HIGHS

Algorand price has seen lesser growth over time, and while most of the market is
recording recovery, this altcoin is lingering at the lows of its current trading
price.


More Algorand news




SHIBA INU PRICE IN CATCH-22 AS PRICE ACTION COULD SLIDE BELOW $0.00001000 AGAIN

SHIB price is trading sideways as the US trading session is underway before
closing off this Friday. After some sharp moves and a pickup in volatility on
Wednesday and Thursday, price action is nearly dead early Friday.


More Shiba Inu News




CARDANO PRICE TO POP 15% IN DELAYED PRICE ACTION AFTER PEAK IN DEVELOPMENT
ACTIVITY

Cardano (ADA) price might be a cheap bargain here after on-chain data provider
Santiment published numbers around Cardano that reveal a significant surge in
development activity.


More Cardano News





BITCOIN AND ETHEREUM HOLDERS REJOICE AS US PCE COMES IN BELOW EXPECTATIONS

The release of the US Personal Consumption Expenditure (PCE) Price Index came in
at market expectations. The Core PCE Price Index nosedived to 4.6% Year-on-Year
(YoY) and climbed 0.3% Month-on-Month (MoM). 


More Cryptocurrencies News




BITCOIN: FED’S INTEREST DECISION WILL BE KEY TO BTC DIRECTIONAL BIAS

Bitcoin price shows no signs of bullish momentum as it hovers below a critical
psychological level. This lack of buying pressure could be a result of
exhaustion after BTC’s impressive rally in Q1 of 2023.


Read full analysis




BTC




ETH




XRP




--------------------------------------------------------------------------------


CRYPTO PARTNERS IN YOUR LOCATION

 * 
 * 
 * 
 * 
 * 





©2023 "FXStreet" All Rights Reserved
 * About Us
   * About Us
   * Editorial Guidelines
   * Ethical Code
   * Corporate Identity
 * FXStreet Blog
 * Site Map
 * Terms and conditions
 * Contact us
 * Advertising
 * Jobs
 * Languages
   * Edition
   * Español
   * Italiano
   * Bahasa Indonesia
   * Português
   * 日本語
   * 繁體中文
   * 简体中文
   * Русский
   * Français
   * العربية
   * Deutsch
   * Magyar
   * Türkçe
   * Tiếng Việt

Disclaimer

Note: All information on this page is subject to change. The use of this website
constitutes acceptance of our user agreement. Please read our privacy policy and
legal disclaimer.

Trading foreign exchange on margin carries a high level of risk and may not be
suitable for all investors. The high degree of leverage can work against you as
well as for you. Before deciding to trade foreign exchange you should carefully
consider your investment objectives, level of experience and risk appetite. The
possibility exists that you could sustain a loss of some or all of your initial
investment and therefore you should not invest money that you cannot afford to
lose. You should be aware of all the risks associated with foreign exchange
trading and seek advice from an independent financial advisor if you have any
doubts.

Opinions expressed at FXStreet are those of the individual authors and do not
necessarily represent the opinion of FXStreet or its management. FXStreet has
not verified the accuracy or basis-in-fact of any claim or statement made by any
independent author: errors and omissions may occur. Any opinions, news,
research, analyses, prices or other information contained on this website, by
FXStreet, its employees, clients or contributors, is provided as general market
commentary and does not constitute investment advice. FXStreet will not accept
liability for any loss or damage, including without limitation to, any loss of
profit, which may arise directly or indirectly from use of or reliance on such
information.

Follow us
 * Twitter
 * Telegram
 * Facebook
 * Linkedin
 * Instagram
 * Youtube
 * FinancialJuice