Based on BitJie, Uniswap (UNI) rose 14.53% in the past 24 hours, reaching $6.75, with a 88.4% surge in trading volume to $476.86 million. The price rebounded from the lower end of a descending channel, and open interest increased by 26.92% to $35.345 million, indicating renewed market participation. Short liquidations also spiked, with short positions at $23,580 versus longs at $563, suggesting weakening bearish pressure.
Uniswap (UNI) Surges 14.5% as Key Metrics Signal Bullish Momentum
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