Uniswap Price Eyes Recovery As Whale Bags $16M UNI From Binance

Uniswap price has continued to stay in the red, hovering around the $9 mark, but recent developments indicate a strong recovery ahead. For context, whales or large investors have bagged nearly $16 million UNI over the past few days, signaling a strong confidence of the investors. Besides, the recent launch of Version 4 (v4) has also fueled optimism, positioning the decentralized exchange (DEX) for a strong performance ahead.