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Altcoins & DeFi

Uniswap Falls 6.08% in Four Hours to $7.04 on Binance Spot

Image: TokenPost

Uniswap (UNI) fell 6.08% in four hours to $7.04 at 4:10 p.m. ET Thursday, Oct. 29 (20:10 UTC). The price came from Binance’s UNI/USDT spot market, where UNI had traded at $7.50 four hours earlier. The $0.46 decline over that interval left UNI down 2.99% from its level 24 hours earlier, making the four-hour slide steeper than the full-day move. The four-hour change compares the two Binance spot observations. The 24-hour percentage is a separate comparison with the price one day earlier. Liquidations over the same one-hour period across Binance, Bybit and OKX totaled $470,000 in long positions and $60,000 in short positions. Long liquidations exceeded short liquidations by $410,000, while total liquidations across both directions reached $530,000. UNI ranked 26th by market capitalization, at about $4.47 billion.

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