- Uniswap recorded its largest-ever spike in dormant token activity as 73 billion previously untouched UNI tokens moved.
- This historic shift, combined with strong support levels and rising buying pressure, could lead to a significant price breakout.
Uniswap (UNI) may be on the edge of a significant price movement after a historic spike in token activity. On July 8, a record 73.76 billion previously dormant UNI tokens were moved—marking the biggest Age Consumed spike in Uniswap’s history. This metric has proven to be a reliable predictor of major price shifts in the past, and current signals suggest UNI could be preparing for a breakout.
A Historic Spike in Dormant Token Activity
The Age Consumed metric, which calculates the impact of older tokens re-entering circulation, surged to unprecedented levels. Such activity often points to renewed interest from long-term holders—a pattern that has historically preceded bullish rallies.
In June 2025, a similar Age Consumed spike pushed UNI’s price to $8.56. Back in December 2024, it triggered a surge all the way to $18.70. Now, as the market witnesses a comparable movement, speculation is growing around another price rally.
Strong Support Levels Offer a Cushion for Uniswap
Supporting this bullish narrative is the In/Out of Money Around Price (IOMAP) data. Over 104 million UNI tokens were purchased between $7.30 and $7.51—a key support zone where most holders remain in profit. Meanwhile, fewer tokens were bought in the $7.76 to $8.92 range, currently at a loss. This imbalance suggests that many holders might opt to hold or even accumulate more, while those in loss may delay selling.
Technical Chart Shows Bullish Formation
From a technical perspective, UNI is trading within an ascending channel, signaling steady bullish defense of support levels. The Money Flow Index (MFI) is currently at 66.53, indicating growing buying pressure.
If this trend continues, UNI could push toward $10.26—aligning with the 0.618 golden pocket Fibonacci retracement level. A further rally might even take it as high as $13.78 if demand remains strong.
However, traders should also remain cautious. A shift in market sentiment or a spike in selling pressure could see UNI break below its trendline support, potentially pulling back to $5.
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