UNI holders losing patience. Green light to the way up

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Garry
Nov 5, 2020

Assets covered: Uniswap (UNI)

Metrics used: Age Consumed, Network Profit/Loss, Transaction Volume, Holders Distribution, MVRV, Trading Volume, Daily Active Addresses

Summary: An articulated UNI holders capitulation may build a nice reversal momentum.


Uniswap. At last.

It has very likely bottomed out. The signal is 20,000% rapid spike in

Age Consumed:

Have you seen this? That's the "capitulation". Someone "had it enough".

Like this guy from AAVE:

Source: @lemiscate

Marc is not alone in this sentiment. Basically no one expressing hope:

This is a very clear bottom sign from behaviour perspective.

Next -

Network Profit/Loss:

Source: Santiment internal sandbox

NPL mostly affected by that age consumed spike assumes all of this is old coins being sold. It can be confirmed by increased

Transaction Volume:

Next, let's see what are different categories of UNI holders doing.


Holders Distribution Combined Balance:

MVRV:

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Assets from this insight

Uniswap logo

UniswapUNI

$ 3.69

6.66%in last 7d
2