UNI Token Sees 15.79% Drop Amid BlackRock Acquisition, Legal Victory, and Whale-Driven Volatility

UNIUSDT experienced significant volatility in the past 24 hours, with a sharp 15.79% decline from its 24h open of 3.996 to a current price of 3.365 on Binance. This price movement followed substantial institutional activity, as BlackRock integrated its $2.4 billion BUIDL tokenized Treasury fund with UniswapX and acquired UNI tokens, which initially led to a rally but was followed by corrective selling as UNI entered a heavy supply zone. Positive legal developments also contributed to early momentum, with Uniswap winning a patent lawsuit related to AMM technology, but broader bearish sentiment in the crypto market and increased whale activity likely contributed to recent downward price action.

UNIUSDT is currently trading at 3.365 on Binance, with 24-hour volume exceeding $115 million on the exchange, a market cap of $2.44 billion, and a circulating supply of approximately 634.7 million UNI; recent price action reflects substantial volatility driven by institutional engagement, legal news, and wider market pressures.