Uniswap (UNI) Surges 10% to $5.28 as Whale Accumulation and Short-Position Reversals Reshape the Market

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Uniswap (UNI) Surges 10% to $5.28 as Whale Accumulation and Short-Position Reversals Reshape the Market

According to HyperInsight, UNI posted a near-term gain of about 10%, trading near $5.28. Market observers link the move to evolving sentiment around Binances dual‑coin investment initiative, with liquidity flows contributing to the burst. A prominent Hyperliquid whale wallet ending in 0x413c shows unrealized gains surpassing 50%, supported by a position of roughly $1.18 million opened at an average price of $4.99. The address established a 10x leveraged long on UNI at midnight yesterday and has continued accumulating as of four hours ago.

On the sentiment side, the largest UNI short exposure held by the Shanzhai Short Army Vanguard fell by more than 30% around 13:00 yesterday, leaving the position near $3.38 million with unrealized gains of about $1.39 million (roughly 410%). The juxtaposition of aggressive long-building with shrinking shorts signals an evolving risk profile for UNI liquidity and may influence short‑term volatility.