🦈 $14.3M Whale Buy-In: Monetalis Just Validated the $UNI Floor!
The "Smart Money" has spoken. On-chain data confirms a massive institutional injection into the Decentralized Finance (DeFi) leader, and the average entry price is the key data point $UNI traders need to watch right now.
The Playbook:
A suspected Monetalis-linked address executed a colossal $14.33 Million OTC scoop, acquiring 1.851 million $UNI tokens at an average price of $7.70.
Why This Matters on Binance Square:
Institutional Conviction: This isn't retail FOMO; it's a strategic, multi-million-dollar move that signals deep-seated belief in the future of the Uniswap ecosystem and the DeFi sector at large.
Validated Support: The average entry price of $7.70 now acts as a psychological and technical floor. Coincidentally, this aligns perfectly with the key accumulation zone many expert traders on Binance Square have been eyeing ($7.70–$7.86) following the recent correction.
This shows the high-net-worth players are using technical dips to load up at key structural levels, proving that conviction and chart structure go hand-in-hand.
The Trader's Insight:
If UNI holds the $7.50–$7.70 support zone with high volume, expect the $8.30 resistance to be a soft target, with the potential for a renewed push toward the mid-term $9.50 targets. Smart money doesn't just buy; they buy at value.
What are you doing with UNI right now? Are you buying the dip with the whales, or waiting for confirmation? 👇
