Quick Read
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UNI surged 121% in two months before CME’s announcement, making a 21% ‘sell the news’ drop inevitable as early buyers locked in profits.
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CryptoQuant analyst Darkfost confirmed UNI entered a distribution phase, with rising Binance inflows showing holders selling tokens ahead of the October 19 launch.
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The CME futures launch may deepen UNI’s slide by enabling short-selling; $6.74 is the key support level and $9.08 signals new buyer interest.
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The CME Group (NASDAQ:CME), a major Chicago derivatives exchange, is planning to list Uniswap futures on October 19,…







