Uniswap (UNI) holders pulled tokens off Binance at the fastest pace in five years, with the top ten daily withdrawals averaging more than 7,200 UNI and some days topping 10,000 UNI while UNI trades near $3.96 (about 91% below its $44.92 ATH) and market cap near $2.47B. On-chain signals — new addresses roughly doubling to 582 and 142 whale transfers over $100,000 on July 30 — point to accumulation rather than panic, suggesting reduced sell pressure for this DeFi DEX token. A governance vote expanded Uniswap’s fee-and-burn mechanism to v4 pools and Robinhood Chain, creating additional UNI burn revenue streams, though sustained bullish impact depends on measurable burn volume and continued adoption in the crypto ecosystem.

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In Brief

Binance UNI outflows hit their fastest pace in 5 years.
Average daily outflows from top wallets topped 7,200 UNI.
New addresses and $100,000+ whale transfers surged in late July.

Uniswap (UNI) holders pulled tokens off Binance at the fastest pace in five years this month, according to CryptoQuant. Top wallet withdrawals surged even as the token stayed far below its 2021 peak.

The pattern points to accumulation rather than panic selling. Large holders appear to be treating recent weakness as an entry point rather than a reason to exit.

UNI Whale Accumulation Accelerates on Binance Withdrawals

CryptoQuant data show the ten largest daily Binance withdrawals averaging more than 7,200 UNI, with some single days topping 10,000 UNI. That volume marks a five-year high for monthly outflows tied to Uniswap’s governance token.

The trend mirrors similar Bitcoin whale buying seen earlier this month. Large holders added coins during a dip instead of chasing a rally. However, UNI’s setup differs because the token still trades more than 91% below its all-time high of $44.92, set on May 3, 2021. UNI last changed hands near $3.96, up 1.71% over 24 hours. Its market capitalization near $2.47 billion ranks it 38th among cryptocurrencies.

Historically, exchange outflows have signaled reduced sell pressure heading into a recovery. Meanwhile, Ethereum whales bought the bottom in a comparable move last week. Large holders appear to be stepping into weakness across major tokens right now.

UNI Top 10 whale outflow (Binance). Source: CryptoQuant

Uniswap’s Fee Rollout Expands to V4 Pools and Robinhood Chain

UNI climbed from near $3.50 in mid-July to a 90-day high above $4.70 by August 1, according to BeInCrypto price data, before easing back to $3.96. The rally coincided with a governance vote expanding Uniswap’s fee and burn mechanism, approved under the UNIfication proposal in December 2025, to version 4 (v4) pools.

The expansion routes v4 trading fees into UNI burns, building on a mechanism already active on v2 and v3 pools across 11 blockchain networks.

UNI Price Performance. Source: BeInCrypto Markets

A separate vote published in mid-July extended the same fee and burn mechanism to Robinhood Chain, a blockchain network built by the trading platform Robinhood. The parallel rollout adds another revenue stream feeding UNI burns beyond the v4 expansion alone.

New addresses interacting with Uniswap roughly doubled to 582 in the days around the rally. Whale transactions above $100,000 climbed to 142 on July 30 alone, according to Santiment. The spike therefore suggests adoption tied to the fee expansion rather than short term price speculation alone.

Similar on-chain signals turned bullish for XRP heading into August. Whale accumulation this month is not isolated to Uniswap. The move also echoes Tether Gold’s whale outflow spike earlier this year. Large holders pulled assets off exchanges ahead of a price shift then. Meanwhile, technical setups for UNI flagged earlier this summer suggest the token still faces resistance above current levels.

Whether this outflow pace holds beyond August depends on measurable burn volume from the fee expansion. Consequently, continued adoption, rather than price alone, may ultimately determine how long whales keep accumulating. Traders will likely watch whether outflows stay elevated now that the fee mechanism covers v4 pools and Robinhood Chain alike.

Read the article at BeInCrypto