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Uniswap Drops 3.0% in One Hour to $7.18 as 24-Hour Loss Hits 8.50%

UNI fell from $7.41 to $7.18 on Binance spot trading by 12:53 p.m. ET (16:53 UTC) on Oct. 8.

Mentioned assets
Faceted blue token resting at an angle on a glass counter / TokenPost.ai
Faceted blue token resting at an angle on a glass counter / TokenPost.ai

Uniswap (UNI) fell 3.02% in one hour to $7.18 by 12:53 p.m. ET (16:53 UTC) on Oct. 8, extending its 24-hour decline to 8.50%.

UNI traded at $7.41 one hour earlier before dropping to $7.18 on Binance’s UNI/USDT spot market. The token ranked 27th by market capitalization at approximately $4.53053 billion.

Long liquidations across Binance, Bybit and OKX totaled $410,000 during the same hour, while short liquidations totaled $0.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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