With 73B UNI tokens on the move, Uniswap may be set for a major rally.
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Key Takeaways
UNI experienced its largest Age Consumed spike after 73.76 billion previously dormant tokens moved.
Similar spikes in this metric have preceded price rallies, such as in June 2025 and December 2024.
UNI continues to trade within an ascending channel, with signs that its price could increase.
Uniswap’s (UNI) price might be gearing up for a big move. On Tuesday, July 8, UNI holders moved 73 billion previously untouched tokens in what appears to be a historic shift.
This movement represents the highest-ever spike in dormant tokens in the altcoin’s history. Amid the move, Uniswap’s price has increased to $7.73.
However, according to this on-chain analysis, this sudden dormant token activity will likely increase the token’s value. Here is what could be next for UNI in the short term.
Uniswap Tokens Wake Up, Break Record
Before its pullback earlier today, on-chain data from Santiment revealed a spike in Uniswap’s Age Consumed metric, which reached 73.76 billion on Tuesday.
The Age Consumed metric measures the economic significance of moving coins by factoring in how long they were held before transacting. A high reading suggests that holders move previously dormant tokens, which could impact price direction.
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In contrast, a low Age Consumed value means recently acquired tokens drive market activity.
Historically, when large volumes of dormant UNI tokens re-enter circulation, Uniswap’s price tends to rally. The last significant spike in Age Consumed occurred in June.
After this, UNI’s price surged to $8.56. A similar pattern played out in December 2024 when a wave of long-held tokens moved, triggering a rally that sent the altcoin to $18.70.
Therefore, if the recent trend matches historical performance, Uniswap’s price will likely trade higher in the coming weeks.
To support this position, the In/Out of Money Around Price (IOMAP) also shows that it expects Uniswap’s price to continue rising.
Specifically, CCN analysis revealed that over 104 million UNI tokens purchased between $7.30 and $7.51 are currently in unrealized profit.
This buying range marks a strong support zone, as it outweighs the volume of tokens bought between $7.76 and $8.92, which are in unrealized losses.
This imbalance suggests that holders in profit may be more likely to hold or accumulate. At the same time, those facing losses might be hesitant to sell, potentially creating a price cushion around the $7.30–$7.51 level.
UNI In/Out of Money Around Price | Credit: IntoTheBlock
Due to this position, UNI’s price could attempt to break higher in the short term.
UNI Price Analysis: Set for Breakout
UNI’s setup on the daily chart also seems to agree with the position on-chain. The image below shows that Uniswap’s price has been trading in an ascending channel for some months, indicating that bulls are defending the underlying support.
The Money Flow Index (MFI) has risen to 66.53. This indicates that buying pressure is increasing, and the altcoin’s value could break overhead resistance in the short term.
If this trend continues, UNI’s price could rise to $10.26 at the 0.618 golden pocket ratio. If demand for the token intensifies, it could increase to $13.78.
On the contrary, the trend might change if selling pressure increases. In that scenario, the price might drop below the lower trendline of the ascending channel and move toward $5.
Disclaimer:
The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
Victor Olanrewaju is a crypto analyst and reporter at CCN with deep roots in on-chain research and technical analysis. His crypto journey began in 2017, but it was the 2020 Uniswap airdrop that sparked a full-time pivot into the space.
With a foundation in copywriting, Victor honed his craft creating high-converting content for leading crypto brokers — most notably an XRP price prediction that ranked #1 on Google during the 2021 bull run.
He later joined AMBCrypto in 2022, where he combined storytelling with technical and on-chain analysis to cover key market narratives.
In 2024, he expanded his expertise at BeInCrypto, collaborating with analysts and using tools like Glassnode, Santiment, and IntoTheBlock to break down Bitcoin and altcoin trends.
At CCN, Victor covers the top cryptocurrencies, memecoins, macro shifts, blending real-time insights with deep-dive metrics.
He holds a Bachelor’s degree in Physics from the University of Ibadan, equipping him to simplify complex data for a wide audience. Follow his work or connect on LinkedIn or X.
