๐จ Uniswap Update: \$UNI at \$10 as Whales Move & Governance Shifts
\$UNI is battling to hold the **\$10 support** after sliding down from \$12.30 โ a level that now looks like a critical pivot zone. Recently, a massive 2.85M UNI (\~\$30M) transfer hit Coinbase Institutional, adding to other large whale moves from funds and new wallets. These kinds of flows often signal major repositioning.
Meanwhile, the Uniswap Foundation is pushing for a major governance shift under Wyomingโs new **DUNA framework**, a move that could strengthen the protocol legally and make it more appealing to institutions.
Right now, this feels like a pivotal moment:
If \$10 holds, UNI could retest \$11.50โ\$12.
But with whales unloading on exchanges, a breakdown is also possible.
It looks like one side is about to get trapped โ either a fake dip below \$10 before a bounce, or a deeper sell-off from whale exits. Either way, the next move could be big.