UNI holders losing patience. Green light to the way up
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:
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:
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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