The inflow of UNI exchange has reached a new high for the year, and the price is facing downward pressure
Analyst Darkfost pointed out that Uniswap token UNI has performed strongly since the beginning of the year, with TVL exceeding $4 billion in September, DEX trading volume reaching a peak of $93.6 billion, and prices rising 370% from their June low. Affected by the highest level of UNI inflow on Binance this year, Z-score exceeded 4 multiple times in late September, with a daily inflow of over 40 million US dollars. UNI is currently in the stage of chip distribution. If the inflow continues to decline, UNI is expected to hit bottom, ending a pullback of over 30% since the high of $10.9.