← CoinGraph · Brief #1861 · Proof

Uniswap · UNI

UNI -1% to $7.11 in late-window selloff on 2× volume, in line with ETH -1.06%

neutralseverity 1/3confidence 55%donescore 4.0opened 2026-10-17 21:31 UTCclaude-opus-5-5

UNI held flat at $7.15–7.18 for most of the window, then slipped to $7.11 after 21:15 on a volume spike, ending -0.98%. ETH fell about the same over the window (-1.06%), and the wider market is down 2.97% over 24h, so this looks like broad market weakness rather than anything specific to UNI. Derivatives positioning changed very little. Onchain, more UNI left exchanges than arrived (net outflow), which does not point to a wave of selling from deposits.

What happened

Likely causes

  1. 1.Broad market weakness: UNI moved in line with ETH and the total market (60%) E15E1E16
  2. 2.A short burst of spot selling around 21:23–21:31 deepened the late dip. No specific trigger appears in the evidence. (40%) E2E19E1
  3. 3.Deposits to exchanges are not a convincing driver. A 50K UNI ($358K) deposit reached Binance at 19:43, but price rose afterwards, and overall exchange flow was a net outflow. (20%) E9E8E1

Onchain

Market context

What to watch

Caveats

Evidence (19 items)

  1. E1pricecoingecko:/coins/markets

    UNI $7.1 now; -0.98% over the window (high $7.2, low $7.1); 1h -1.39%, 24h -2.55%, 7d -6.6%; rank #26, market cap $4.4B, 24h volume $254.7M

    data
    {
     "ath": 44.92,
     "low": 7.11,
     "high": 7.18,
     "rank": 26,
     "as_of": "2026-10-17T21:34:00.000Z",
     "price": 7.08,
     "path_15m": [
      {
       "t": "2026-10-17T19:30:00.000Z",
       "price": 7.15
      },
      {
       "t": "2026-10-17T19:45:00.000Z",
       "price": 7.16
      },
      {
       "t": "2026-10-17T20:00:00.000Z",
       "price": 7.17
      },
      {
       "t": "2026-10-17T20:15:00.000Z",
       "price": 7.17
      },
      {
       "t": "2026-10-17T20:30:00.000Z",
       "price": 7.17
      },
      {
       "t": "2026-10-17T20:45:00.000Z",
       "price": 7.18
      },
      {
       "t": "2026-10-17T21:00:00.000Z",
       "price": 7.18
      },
      {
       "t": "2026-10-17T21:15:00.000Z",
       "price": 7.17
      },
      {
       "t": "2026-10-17T21:30:00.000Z",
       "price": 7.11
      }
     ],
     "market_cap": 4418266796,
     "volume_24h": 254708628,
     "change_1h_pct": -1.392757660167131,
     "change_7d_pct": -6.596306068601583,
     "change_24h_pct": -2.54827,
     "window_return_pct": -0.98
    }
  2. E2spot_volumebinance:klines:1m

    binance UNI/USDT: $1.3M traded in the last hour vs a typical hour of $665.7K (2.0×); busiest minutes: 21:27 $125.5K (-0.239%), 21:30 $120.8K (+0.296%), 21:23 $109K (-0.042%), 21:31 $93.6K (-0.211%), 21:29 $84.9K (-0.366%)

    data
    {
     "ratio": 1.9846837499982357,
     "venue": "binance",
     "symbol": "UNI/USDT",
     "volume_1h_usd": 1321276.58058,
     "busiest_minutes": [
      {
       "v": "125532.41256",
       "ts": "2026-10-17T21:27:00.000Z",
       "ret": "-0.239",
       "close": "7.106"
      },
      {
       "v": "120750.72305",
       "ts": "2026-10-17T21:30:00.000Z",
       "ret": "0.296",
       "close": "7.106"
      },
      {
       "v": "108971.83179",
       "ts": "2026-10-17T21:23:00.000Z",
       "ret": "-0.042",
       "close": "7.152"
      },
      {
       "v": "93557.74094",
       "ts": "2026-10-17T21:31:00.000Z",
       "ret": "-0.211",
       "close": "7.089"
      },
      {
       "v": "84888.65436",
       "ts": "2026-10-17T21:29:00.000Z",
       "ret": "-0.366",
       "close": "7.087"
      }
     ],
     "volume_window_usd": 1426654.39717,
     "median_hourly_24h_usd": 665736.58427
    }
  3. E3open_interestbinanceusdm:openInterestHist:5m

    Binance futures open interest $168.9M: -0.65% vs 1h ago, +1.36% vs 4h ago

    data
    {
     "as_of": "2026-10-17T21:25:00.000Z",
     "change_1h_pct": -0.65,
     "change_4h_pct": 1.36,
     "open_interest_usd": 168881413.275
    }
  4. E4fundingccxt:fetchFundingRates

    Funding per 8h: binanceusdm 0.0002%, bybit 0.0100%, okx 0.0100% (positive = longs pay; ~0.01% is normal)

    data
    {
     "rates": [
      {
       "venue": "binanceusdm",
       "symbol": "UNI/USDT:USDT",
       "funding_rate_pct": 0.000177
      },
      {
       "venue": "bybit",
       "symbol": "UNI/USDT:USDT",
       "funding_rate_pct": 0.01
      },
      {
       "venue": "okx",
       "symbol": "UNI/USDT:USDT",
       "funding_rate_pct": 0.01
      }
     ]
    }
  5. E5positioningbinanceusdm:futuresSentiment:5m

    Binance positioning: all accounts long/short 1.60, top traders by position 4.29, taker buy/sell undefined (>1 = net buying)

    data
    {
     "as_of": "2026-10-17T21:25:00.000Z",
     "taker_buy_sell": null,
     "global_long_short": 1.5974,
     "top_account_long_short": 2.1368,
     "top_position_long_short": 4.288
    }
  6. E6liquidationsokx+binance:liquidations

    11 forced liquidations worth $15.6K in the window: $15.6K longs, $0 shorts; largest $4.8K

    data
    {
     "count": 11,
     "longs_usd": 15587.865,
     "total_usd": 15587.865,
     "shorts_usd": 0,
     "largest_usd": 4772.385
    }
  7. E7order_bookbinanceusdm:fetchOrderBook

    binanceusdm order book: $1.7M of bids vs $1.8M of asks within 2% (0.95 bid/ask depth ratio)

    data
    {
     "as_of": "2026-10-17T21:30:00.000Z",
     "venue": "binanceusdm",
     "best_ask": 7.113,
     "best_bid": 7.112,
     "depth_ask_2pct_usd": 1785198.082999999,
     "depth_bid_2pct_usd": 1692563.8180000007
    }
  8. E8exchange_flowsnownodes:eth:eth_getLogs

    Onchain (ETH): 1185 transfers worth $6.4M in the window; $425.4K moved onto exchanges, $842.2K left exchanges → net outflow of $416.8K (typical 15-min |net| $5.5K)

    data
    {
     "chain": "eth",
     "transfers": 1185,
     "volume_usd": 6364963.353852301,
     "large_transfers": 72,
     "exchange_net_usd": -416797.61766200105,
     "exchange_inflow_usd": 425439.96285699174,
     "exchange_outflow_usd": 842237.5805189929,
     "median_volume_15m_7d": 59576.8319222077,
     "median_abs_net_15m_7d": 5545.48902515895
    }
  9. E9large_transfersnownodes:onchain_transfers

    12 largest transfers in the window: $358K other at 19:38; $358K other at 19:40; $358K → binance at 19:43; $151.9K other at 20:48; $146.2K other at 20:03

    data
    {
     "transfers": [
      {
       "to": "0x7391375e8b8cbbe1e03a7ec1b3ee65961b38a2a6",
       "ts": "2026-10-17T19:38:30.542Z",
       "from": "0x8fa129f87b8a11ee1ca35abd46674f8b66984d4a",
       "block": 26214417,
       "chain": "eth",
       "amount": 49999.55,
       "tx_hash": "0x8595fcc1628713bb3c41559f55d55c8db52fd61b05a18cf3eb233f2d817fd827",
       "direction": "other",
       "to_entity": null,
       "amount_usd": 357996.77800000005,
       "from_entity": null
      },
      {
       "to": "0x78b5e3b3b4366f2a981d337d0c4c946233c094c9",
       "ts": "2026-10-17T19:40:10.657Z",
       "from": "0x7391375e8b8cbbe1e03a7ec1b3ee65961b38a2a6",
       "block": 26214425,
       "chain": "eth",
       "amount": 49999.55,
       "tx_hash": "0x016e63a31265ed97ac7877a74f9bb55491253054ccf38a86daa85754b0c439d6",
       "direction": "other",
       "to_entity": null,
       "amount_usd": 357996.77800000005,
       "from_entity": null
      },
      {
       "to": "0x28c6c06298d514db089934071355e5743bf21d60",
       "ts": "2026-10-17T19:43:05.857Z",
       "from": "0x78b5e3b3b4366f2a981d337d0c4c946233c094c9",
       "block": 26214439,
       "chain": "eth",
       "amount": 49999.55,
       "tx_hash": "0xac6316d6f36751bd474563f0d221e50a8ec9ed9e8d82fd59102e3e5ce68d9184",
       "direction": "to_exchange",
       "to_entity": "binance",
       "amount_usd": 357996.77800000005,
       "from_entity": null
      },
      {
       "to": "0xb0a27099582833c0cb8c7a0565759ff145113d64",
       "ts": "2026-10-17T20:48:00.391Z",
       "from": "0x4a4aaa0155237881fbd5c34bfae16e985a7b068d",
       "block": 26214763,
       "chain": "eth",
       "amount": 21149.63,
       "tx_hash": "0x0784443722196d0e61e79a9fa268caea1b2c7f977719c6ffeea657aacce086f4",
       "direction": "other",
       "to_entity": null,
       "amount_usd": 151854.3434,
       "from_entity": null
      },
      {
       "to": "0x225a38bc71102999dd13478bfabd7c4d53f2dc17",
       "ts": "2026-10-17T20:03:47.000Z",
       "from": "0xdd9f904dae2b1f809c3350614f7fb6a6496fd23e",
       "block": 26214542,
       "chain": "eth",
       "amount": 20392.503991180627,
       "tx_hash": "0x49c76ad6dfd02673bd84342b407a870441d681b22f12c7c8c1fadd7f45079429",
       "direction": "other",
       "to_entity": null,
       "amount_usd": 146214.25361676508,
       "from_entity": null
      },
      {
       "to": "0x51c72848c68a965f66fa7a88855f9f7784502a7f",
       "ts": "2026-10-17T20:03:47.000Z",
       "from": "0x225a38bc71102999dd13478bfabd7c4d53f2dc17",
       "block": 26214542,
       "chain": "eth",
       "amount": 20392.503991180627,
       "tx_hash": "0x49c76ad6dfd02673bd84342b407a870441d681b22f12c7c8c1fadd7f45079429",
       "direction": "other",
       "to_entity": null,
       "amount_usd": 146214.25361676508,
       "from_entity": null
      },
      {
       "to": "0xbee3211ab312a8d065c4fef0247448e17a8da000",
       "ts": "2026-10-17T21:28:23.000Z",
       "from": "0x21a31ee1afc51d94c2efccaa2092ad1028285549",
       "block": 26214964,
       "chain": "eth",
       "amount": 19421.75,
       "tx_hash": "0xa4b5b2a8fed46a31a6318b2769c0456b7a1dc60be237eda9aaa363ac00f3e95e",
       "direction": "from_exchange",
       "to_entity": null,
       "amount_usd": 138088.64250000002,
       "from_entity": "binance"
      },
      {
       "to": "0xbee3211ab312a8d065c4fef0247448e17a8da000",
       "ts": "2026-10-17T21:24:23.000Z",
       "from": "0x21a31ee1afc51d94c2efccaa2092ad1028285549",
       "block": 26214944,
       "chain": "eth",
       "amount": 19421.75,
       "tx_hash": "0x9f1fc28bb0a1d9c0f67e60bcf237d0ee1a32407d20d30f12e42e277e6d8dcbc6",
       "direction": "from_exchange",
       "to_entity": null,
       "amount_usd": 138088.64250000002,
       "from_entity": "binance"
      },
      {
       "to": "0xbee3211ab312a8d065c4fef0247448e17a8da000",
       "ts": "2026-10-17T19:51:11.000Z",
       "from": "0x28c6c06298d514db089934071355e5743bf21d60",
       "block": 26214479,
       "chain": "eth",
       "amount": 11527.2,
       "tx_hash": "0x7dd80c323d64654a78541223970af205f4e27b87b2fe3dc01467e346220dd067",
       "direction": "from_exchange",
       "to_entity": null,
       "amount_usd": 82650.024,
       "from_entity": "binance"
      },
      {
       "to": "0xbee3211ab312a8d065c4fef0247448e17a8da000",
       "ts": "2026-10-17T21:26:47.000Z",
       "from": "0xdfd5293d8e347dfe59e90efd55b2956a1343963d",
       "block": 26214956,
       "chain": "eth",
       "amount": 10578.25,
       "tx_hash": "0xba4a62b64c828ed4ce40f79aadab462563587da5fc3c87952caf5f127368db47",
       "direction": "from_exchange",
       "to_entity": null,
       "amount_usd": 75211.3575,
       "from_entity": "binance"
      },
      {
       "to": "0x31c2c56eed9ea2e95f3bdd870d4a6c06e05f572c",
       "ts": "2026-10-17T20:22:11.000Z",
       "from": "0x225a38bc71102999dd13478bfabd7c4d53f2dc17",
       "block": 26214634,
       "chain": "eth",
       "amount": 10000,
       "tx_hash": "0x92692107e8ddc3b21879da7d27ecdec48640b649b2de72419e73e040d9bd2ea8",
       "direction": "other",
       "to_entity": null,
       "amount_usd": 71700,
       "from_entity": null
      },
      {
       "to": "0x225a38bc71102999dd13478bfabd7c4d53f2dc17",
       "ts": "2026-10-17T20:22:11.000Z",
       "from": "0x51c72848c68a965f66fa7a88855f9f7784502a7f",
       "block": 26214634,
       "chain": "eth",
       "amount": 10000,
       "tx_hash": "0x92692107e8ddc3b21879da7d27ecdec48640b649b2de72419e73e040d9bd2ea8",
       "direction": "other",
       "to_entity": null,
       "amount_usd": 71700,
       "from_entity": null
      }
     ]
    }
  10. E10exchange_reservesnownodes:eth-blockbook:/address/{wallet}

    Known exchange wallets hold 69M UNI ($498.7M): binance 67M (-0.1% vs 24h ago), okx 1M (0% vs 24h ago), bitfinex 966K (+3.32% vs 24h ago), gate 319K (-8.36% vs 24h ago)

    data
    {
     "by_exchange": [
      {
       "entity": "binance",
       "balance": 66888409.85317993,
       "balance_usd": 480258782.7458319,
       "change_24h_pct": -0.1
      },
      {
       "entity": "okx",
       "balance": 1012591.3574307108,
       "balance_usd": 7270405.946352503,
       "change_24h_pct": 0
      },
      {
       "entity": "bitfinex",
       "balance": 966400.0724319404,
       "balance_usd": 6938752.520061331,
       "change_24h_pct": 3.32
      },
      {
       "entity": "gate",
       "balance": 319061.98662921827,
       "balance_usd": 2290865.063997787,
       "change_24h_pct": -8.36
      },
      {
       "entity": "coinbase",
       "balance": 188008.7164151638,
       "balance_usd": 1349902.583860876,
       "change_24h_pct": -26.37
      },
      {
       "entity": "mexc",
       "balance": 61288.6247594102,
       "balance_usd": 440052.32577256527,
       "change_24h_pct": -1.46
      },
      {
       "entity": "crypto.com",
       "balance": 18274.331116953403,
       "balance_usd": 131209.69741972542,
       "change_24h_pct": -0.17
      },
      {
       "entity": "robinhood",
       "balance": 0.000079389446969486,
       "balance_usd": 0.0005700162292409095,
       "change_24h_pct": 0
      }
     ]
    }
  11. E11wallet_profilenownodes:eth-blockbook:/address/{wallet}

    sender 0x8fa129f8… ($358K transfer): established wallet, 75,646 transactions, holds 2.5M UNI now vs 2.5M at the start of the window (+0.01%), 41.97 ETH

    data
    {
     "role": "sender",
     "address": "0x8fa129f87b8a11ee1ca35abd46674f8b66984d4a",
     "profile": "established wallet",
     "tx_count": 75646,
     "transfer_usd": 357996.77800000005,
     "native_balance": 41.969438643054474,
     "token_balance_now": 2452758.1519187754,
     "window_start_block": 26214459,
     "token_balance_window_start": 2452606.1258356655
    }
  12. E12wallet_profilenownodes:eth-blockbook:/address/{wallet}

    receiver 0x7391375e… ($358K transfer): established wallet, 44,404 transactions, holds 0 UNI now vs 0 at the start of the window (n/a), 10.58 ETH

    data
    {
     "role": "receiver",
     "address": "0x7391375e8b8cbbe1e03a7ec1b3ee65961b38a2a6",
     "profile": "established wallet",
     "tx_count": 44404,
     "transfer_usd": 357996.77800000005,
     "native_balance": 10.578806641513685,
     "token_balance_now": 0,
     "window_start_block": 26214459,
     "token_balance_window_start": 0
    }
  13. E13wallet_profilenownodes:eth-blockbook:/address/{wallet}

    receiver 0x78b5e3b3… ($358K transfer): established wallet, 2,771 transactions, holds 0 UNI now vs 0 at the start of the window (n/a), 0.00 ETH

    data
    {
     "role": "receiver",
     "address": "0x78b5e3b3b4366f2a981d337d0c4c946233c094c9",
     "profile": "established wallet",
     "tx_count": 2771,
     "transfer_usd": 357996.77800000005,
     "native_balance": 0.001088948946243249,
     "token_balance_now": 0,
     "window_start_block": 26214459,
     "token_balance_window_start": 0
    }
  14. E14network_feesnownodes:eth:eth_feeHistory

    ETH base fee 0.07 gwei (24h average 0.06), blocks 56% full

    data
    {
     "as_of": "2026-10-17T21:32:00.000Z",
     "chain": "eth",
     "base_fee_gwei": 0.06532291353333333,
     "gas_used_ratio": 0.5582802178036255,
     "avg_base_fee_24h_gwei": 0.06184458348666667,
     "priority_fee_p50_gwei": 0.1882396755066667
    }
  15. E15market_contextcoingecko:/coins/markets+/global

    Market: BTC -0.52% and ETH -1.06% over the same window; total crypto market cap -2.97% in 24h; categories: Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), Yield Farming

    data
    {
     "trending": false,
     "categories": [
      "Decentralized Exchange (DEX)",
      "Exchange-based Tokens",
      "Decentralized Finance (DeFi)",
      "Yield Farming",
      "Automated Market Maker (AMM)",
      "BNB Chain Ecosystem",
      "Avalanche Ecosystem",
      "Polygon Ecosystem",
      "Near Protocol Ecosystem",
      "Gnosis Chain Ecosystem",
      "Harmony Ecosystem",
      "Arbitrum Ecosystem",
      "Ethereum Ecosystem",
      "Optimism Ecosystem",
      "Paradigm Portfolio",
      "Coinbase Ventures Portfolio",
      "Index Coop Defi Index",
      "Andreessen Horowitz (a16z) Portfolio",
      "Energi Ecosystem",
      "Sora Ecosystem",
      "Huobi ECO Chain Ecosystem",
      "GMCI DeFi Index",
      "GMCI 30 Index",
      "Blockchain Capital Portfolio",
      "GMCI Index",
      "Polychain Capital Portfolio",
      "Made in USA",
      "Unichain Ecosystem",
      "Coinbase 50 Index",
      "Governance"
     ],
     "btc_change_24h_pct": -0.82497,
     "btc_window_return_pct": -0.52,
     "eth_window_return_pct": -1.06,
     "global_market_cap_change_24h_pct": -2.96731501288777
    }
  16. E16market_moodalternative.me:/fng

    Crypto Fear & Greed index 55 (Greed) today, 64 a week ago

    data
    {
     "day": "2026-10-17T00:00:00.000Z",
     "value": 55,
     "week_ago": 64,
     "classification": "Greed"
    }
  17. E17protocol_tvldefillama:/protocols

    Protocol TVL (DefiLlama): Uniswap V3 $1.6B (-0.29% 1d, -3.64% 7d); Uniswap V4 $1.4B (n/a 1d, n/a 7d); Uniswap V2 $972.5M (+1.81% 1d, -7.06% 7d); Uniswap V1 $3.9M (-1.1% 1d, -4.66% 7d)

    data
    {
     "protocols": [
      {
       "name": "Uniswap V3",
       "tvl_usd": 1576645194.8035488,
       "category": "Dexs",
       "protocol": "uniswap-v3",
       "change_1d_pct": -0.28611387341307193,
       "change_7d_pct": -3.637151024975637
      },
      {
       "name": "Uniswap V4",
       "tvl_usd": 1371811399.7687807,
       "category": "Dexs",
       "protocol": "uniswap-v4",
       "change_1d_pct": null,
       "change_7d_pct": null
      },
      {
       "name": "Uniswap V2",
       "tvl_usd": 972478481.089667,
       "category": "Dexs",
       "protocol": "uniswap-v2",
       "change_1d_pct": 1.8076812630996528,
       "change_7d_pct": -7.057801171161486
      },
      {
       "name": "Uniswap V1",
       "tvl_usd": 3935523.6896510506,
       "category": "Dexs",
       "protocol": "uniswap-v1",
       "change_1d_pct": -1.096983648430026,
       "change_7d_pct": -4.664315143937898
      }
     ]
    }
  18. E18dev_and_communitycoingecko:/coins/{id}

    developer activity: not tracked by CoinGecko for this coin; CoinGecko sentiment 100% positive (as of 2026-10-17)

    data
    {
     "as_of": "2026-10-17T00:00:28.112Z",
     "forks": null,
     "stars": null,
     "commits_4w": null,
     "prs_merged": null,
     "sentiment_up_pct": 100,
     "twitter_followers": null,
     "reddit_subscribers": null
    }
  19. E19signalscoingraph:signals

    Triggered by: volume_spike (neutral, medium) at 21:29; volume_spike (neutral, medium) at 21:30

    data
    {
     "signals": [
      {
       "id": "115524",
       "kind": "volume_spike",
       "ratio": 3.63,
       "value": 553889,
       "details": {
        "median_15m_24h": 152711,
        "volume_usd_15m": 553889
       },
       "baseline": 152711,
       "event_ts": "2026-10-17T21:29:54.907Z",
       "severity": 2,
       "direction": "neutral"
      },
      {
       "id": "115569",
       "kind": "volume_spike",
       "ratio": 4.18,
       "value": 638778,
       "details": {
        "median_15m_24h": 152711,
        "volume_usd_15m": 638778
       },
       "baseline": 152711,
       "event_ts": "2026-10-17T21:30:54.730Z",
       "severity": 2,
       "direction": "neutral"
      }
     ]
    }
UNI: UNI -1% to $7.11 in late-window selloff on 2× volume, in line with ETH -1.06% — CoinGraph