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Altcoins & DeFi

Uniswap falls 30% from peak as Binance UNI inflows hit yearly high above $40 million

Image: CoinTurk News

Uniswap ’s UNI token declined more than 30% from its $10.90 high, raising concerns among investors as heavy inflows to centralized exchanges signaled possible profit-taking and distribution pressure. CoinMarketCap listed UNI at $7.31, down 2.3% in the past 24 hours, as traders tracked whether support near $7 would hold. Crypto analyst Darkfost reported that daily UNI inflows to Binance surpassed $40 million in late September, marking the highest weekly level so far in 2026. This inflow activity was accompanied by a Z-score above 4, indicating a spike significantly above normal averages for the metric. At the same time, Uniswap’s decentralized ecosystem logged robust performance, with total value locked (TVL) exceeding $4 billion during September—a record for the year.

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