Whales Drive UNI Closer to $7, Reigniting Bullish Momentum Across DeFi Tokens

UNI Approaches $7 as Technicals Strengthen and Whale Accumulation Intensifies

Uniswap’s UNI token is trading with renewed strength, advancing to $6.78 as it inches toward the psychologically important $7 level. The move follows a breakout above $6.45 resistance earlier this week, supported by a sharp increase in volume and visible whale accumulation.

According to market data, UNI posted a 10.5% intraday gain on June 3, reaching as high as $7.00 amid a spike in trading volume that exceeded 16.4 million—over 10 times the daily average. Since then, price action has remained constructive, with steady consolidation above $6.60 and higher lows supporting a continuation of the uptrend.

Notably, on-chain analytics highlight repeated large inflows into UNI-related addresses and derivatives markets, suggesting strategic accumulation. Price has held firm despite broader market indecision, with immediate resistance now at $6.93–$7.00.

Technical analysts point to a breakout above $7 as a potential catalyst for a move toward $7.40, especially if altcoin rotation accelerates in light of declining Bitcoin dominance.

With volume trends rising and market structure intact, UNI may be poised for a sustained upside move within the DeFi sector.