According to Rei Researcher @Reiresearcher, UNI is currently experiencing a large Net Outflow (exchange outflow) despite being in a price decline phase.
In particular, looking at Binance's Exchange Netflow, the closer the price gets to the bottom range, the faster UNI withdrawals accelerate.
Generally, such exchange outflows often suggest:
- Accumulation for long‑term holding purposes
- Migration to self‑custody
- Smart money buying in
If the Net Outflow continues and exchange supply diminishes, it could lead to a “supply‑shortage‑driven rise” when demand recovers in the future.
