TLDR: Uniswap price fell more than 30% from its $10.90 peak as exchange inflows raised distribution concerns. Binance recorded daily UNI inflows above $40 million in late September, according
Uniswap’s UNI token is showing mixed signals as heavy exchange inflows meet a potential bullish reversal pattern. The token has fallen more than 30% from its recent $10.90 peak, while Binance inflows reached their highest levels of the year.
Analyst Darkfost reported daily UNI inflows above $40 million in late September, with the inflow Z-score exceeding 4 several times. Meanwhile, Crypto With Gopal identified a potential double bottom around the 6.75–7.00 support zone.
CoinMarketCap data put UNI at $7.31, down 2.30% over 24 hours, as traders watched resistance near $7.60-$7.80.
Darkfost reported that UNI’s strong performance earlier this year coincided with improving activity across Uniswap’s decentralized exchange ecosystem.
Uniswap’s total value locked (TVL) exceeded $4 billion in September, reaching a yearly record. Decentralized exchange trading volumes also peaked at $93.6 billion.
UNI Inflows hit Yearly highs as distribution weighs on price
Since the start of the year, some altcoins have posted strong performances, such as UNI, the token of the DeFi platform Uniswap.
Its TVL also hit a yearly record in September, at over $4B, as did DEX volumes, which… pic.twitter.com/SBdYToPmHx
— Darkfost (@Darkfost_Coc) October 17, 2026
These fundamentals accompanied a sharp UNI rally, with gains reaching 370% from the June low. However, rising exchange inflows have since introduced selling pressure, according to Darkfost.
Exchange inflows measure tokens transferred to centralized trading platforms. Traders may deposit assets to sell them, trade derivatives, or reposition their portfolios. Therefore, inflows alone do not confirm that holders intend to sell.
Darkfost highlighted unusually elevated Binance inflows in late September.
A Z-score above 4 indicates an exceptionally high reading relative to the metric’s historical average and variability. Daily inflows exceeding $40 million reinforced the scale of those movements.
The analyst also observed that inflow momentum appeared to be fading. If that decline continues, selling pressure could ease and help UNI establish a price bottom.
However, a sustained reduction in inflows has not yet confirmed that distribution has ended.
UNI’s four-hour chart shows a potential double bottom, according to Crypto With Gopal. The pattern suggests buyers are defending the $6.75-$7.00 area, although confirmation remains necessary.
A double bottom forms when price tests similar lows twice and subsequently rebounds.
The pattern becomes more convincing if the price breaks resistance between the two lows. For UNI, the key breakout zone sits between $7.60 and $7.80.
$UNI is printing a potential double bottom formation
Buyers are defending the $6.75–$7.00 support zone, hinting at a possible reversal. A breakout above $7.60–$7.80 could open the door toward $8.80 as bullish momentum builds
Bulls are slowly regaining strength, but a… pic.twitter.com/mllzUdxaAM
— Crypto With Gopal (@cryptowithgopal) October 17, 2026
Crypto With Gopal identified $8.80 as a potential upside target following a confirmed breakout. However, failure to clear resistance could leave UNI vulnerable to renewed selling pressure.
CoinMarketCap data showed UNI trading near $7.31, with $7.19 identified as immediate Fibonacci support. A hold above that level could support a rebound toward $7.37.
A breakdown could expose the $7.10 swing low, while broader market weakness remains a risk.
The October 19 CME futures launch is another event traders are watching. Its actual effect on UNI will depend on market conditions and the response from participants.
For now, UNI faces two competing signals: fading exchange inflows could ease distribution, while technical support offers a potential reversal point. Traders need confirmation from both price action and inflow trends before concluding that selling pressure has subsided.
The post UNI Price Analysis: Exchange Inflows Hit Yearly Highs as $7 Support Faces Test appeared first on Blockonomi.
