Uniswap: A Whale of a Time! 🐋💰 You Won’t Believe These Numbers!

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Hold on to your hats, folks, because Uniswap is pulling off a price stunt that even Houdini would applaud! Today’s price chart is lit up like a menorah during Chanukah, thanks to those whale-sized wallets getting cozy with UNI! 🕎💥

On July 18, Uniswap (UNI) decided to throw a party, skyrocketing 23% to an intraday high of $10.75 before taking a breather at $10.66. It’s like the token went to the gym and came back with 120% more gains than its year-to-date low, flexing like a contestant on *America’s Got Talent*. 💪

And let’s not forget the daily trading volume—an astonishing $1.6 billion! That’s a whopping 76% surge! If this keeps up, we might need a bigger calculator! 💸

What’s the secret sauce for this price explosion? Whale accumulation! According to the undercover agents at crypto.news, these fat cats bought at least $26.8 million worth of UNI tokens this week! There’s more coinage floating around than at a carnival game! 🎪

Not only have the whales been hogging the feed, but they’ve also sparked a retail fishing frenzy! 🐟 According to CoinGlass, open interest in Uniswap’s futures market jumped 27% in just a day—reaching $763.68 million! Last time I checked, that was more than my Aunt Edna’s hoarded cat food supply!

The funding rate has also decided to skyrocket, zooming to 0.0233% from a meek 0.0049% the day before. It’s like watching a snail have a caffeine overdose! Traders are betting long on UNI, and you can almost hear the cash registers singing acapella! 🔔

As the biggest fish in Ethereum’s pond, Uniswap’s rally is getting a boost from Ethereum’s comeback, too. We’re talking about a sharp rebound that’s got the whole DeFi ecosystem jumping higher than a pogo stick on a sugar rush! 🎉

Guess what? Total value locked in Uniswap has finally climbed back above $5.71 billion! That’s right, folks, it’s like finding an old lottery ticket—you thought it was a dud, but surprise! 💥

Uniswap Price Analysis (aka the Plot Thickens)

On the daily chart, Uniswap is working on its rounded bottom pattern—no, we’re not talking about someone’s backside after a long day! This saucer bottom has been gradually lifting since January—a real slow-burn, like a romantic comedy that finally pays off. ❤️

The neckline of this saucer sits pretty at $15.69, while the bottom registered at $4.59 back in April. Those numbers make me feel as giddy as a kid in a candy store! 🍬

Oh, and keep your eyes peeled—the 50-day moving average is about to cross above the 200-day moving average. Yes, folks, we might just witness a golden cross! It’s a classic bullish signal that could lead to a sustained uptrend—get the confetti ready! 🎊

If Uniswap keeps completing that rounded bottom, the next big target is $12—aligning perfectly with the 50% Fibonacci retracement zone. If it breaks through, we might be on our way to the neck and neck excitement of $15.69, a whopping 48% jump from where we are now. Talk about a wild ride! 🎢

Should this bullish momentum keep up, who knows? UNI could be rocket-launching towards a parabolic rally leading to price levels we can only dream about! Strap in, folks! 🚀

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2025-07-18 12:55