Institutional wallets buy $6.12 million of UNI at $4.00 as price breaks out to $4.56

AI Market Summary
On-chain flows suggest coordinated institutional accumulation in UNI near the $4.00 resistance, with transfers involving Cumberland, Monetalis, and earlier activity from Wintermute. A dense pocket of short positions between ~$4.05–$4.15 appears to have been liquidated, adding mechanical buy pressure and helping UNI reclaim ~$4.56 for the first time since May. Improving DEX volumes and fee-burn linkage to v4 pools further strengthen the narrative around sustained demand.
Impact level
● Medium
Affected assets
UNI/USDT-2.12%
AI Insight · UNI/USDTAI Insight
▲ Bullish
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Institutional wallets including Cumberland and Monetalis bought a combined $6.12 million of UNI at the $4.00 resistance level, while Wintermute previously moved more than $1 million of UNI through major exchanges. The concentrated buying coincided with large short liquidations in the $4.05–$4.15 range, creating mechanical demand that pushed UNI to $4.56. UNI has recently climbed back above $4.56 for the first time since May. If the price falls below $4.00, a potential downside target is $3.66.