UNI Price Tanks 15% As Whales Dump Uniswap On Fears of SEC Lawsuit

Uniswap’s native cryptocurrency UNI has taken a major price hit tanking by a staggering 15% within hours of receiving the Wells Notice from the U.S. SEC on Wednesday, April 10. As of press time, the Uniswap (UNI) price is trading 15.39% down at $9.42 with a market cap of $5.6 billion. Moreover, the daily trading volumes have surged by a staggering 313% all the way to $650 million.