Uniswap’s UNI has climbed roughly 72% from a recent low near $5, pushing the token back toward multi-month highs around $9. CoinMarketCap showed UNI trading near $9.34 on September 24, with a market capitalization of about $5.8 billion, although the token was down roughly 11% over the latest 24 hours.
Binance UNI Reserve Reaches 71,584,353 as Price Closes at a Six-Month High
“For now, the clearest reading is that holders are depositing UNI onto Binance into strength to access spot liquidity.” – By @CryptoOnchain
Link ⤵️https://t.co/YUhcDC2Szr pic.twitter.com/THaglsR9GX
— CryptoQuant.com (@cryptoquant_com) September 24, 2026
The rally comes as Binance’s UNI holdings have risen above 71 million tokens, reaching their highest level since at least late June. Exchange inflows can increase immediately available trading liquidity, but a larger balance on Binance may also create potential selling pressure if holders move tokens onto the platform with the intention of trading them.
The immediate question is whether UNI can stabilize after its latest pullback while preserving the broader rally. Holding recent gains would keep the recovery intact, while continued exchange inflows and a deeper correction could signal that traders are taking profits after the sharp advance.
Source: CoinMarketCap.
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