Large Uniswap (UNI) holders are heavily accumulating the crypto asset, according to the analytics firm Santiment.
Santliness faamatalaga that addresses holding between 10,000 and one million Uniswap have added 10.74 million more UNI to their holdings from July 8th to July 24th, a trove representing 1.1% of the asset’s total supply.
According to the analytics firm, the 16-day accumulation of UNI key stakeholders equates to more than $74.3 million worth of the crypto asset.
The decentralized exchange (DEX) is also now tauva with Curve’s (CRV) pule i luga ole avanoa fa'asoa tupe (DeFi).
I Totonu lipoti that Uniswap’s total value locked (TVL) briefly surpassed Curve’s last week.
Curve had been the top DEX in terms of TVL for more than a year, according to the analytics firm. It has since toe taulia the top spot, but the race remains very close between the two DEXs. Curve has $5.86 billion in TVL at time of writing, while Uniswap has $5.85 billion.
O le TVL o se poloka poloka o loʻo faʻatusalia le aofaʻi o tupe faavae o loʻo umia i totonu o ana konekarate atamai. E fa'atatau le TVL i le fa'ateleina o le aofa'i o fa'amaoniga o lo'o loka i totonu o le feso'otaiga i le tau o aseta i le taimi nei.
Santiment also predicts that Ethereum’s (ETH) prices will continue to stay volatile as traders brace for the Federal Open Market Committee (FOMC) meeting, which is scheduled to happen today.
“Ethereum had an up and down Sunday, jumping above $1,640 before dipping back down to $1,540. The trading crowd continues to not believe the hype, and is expecting prices to fall heading into the FOMC meeting. ETH should continue to stay volatile.”
ETH is trading for $1,424 at time of writing. The second-ranked crypto asset by market cap is down nearly 9% in the past 24 hours.
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Source: https://dailyhodl.com/2022/07/26/large-uniswap-holders-awaken-accumulate-nearly-75000000-in-uni-in-about-two-weeks-analytics-firm-santiment/