According to the CIO of Arca, Jeff Dorman, #Uniswap’s UNI still has a booming bull case despite the strong decline in DeFi, from space offered yields to trading volume.

Jeff Dorman had also said
“#Uniswap is the clear market leader in #DEX trading. Like “#ETH vs smart contract protocols”, there’s not even a close second to $UNI in DEX Trading.”
Uniswap v3 to drive further growth,

One reason why Uniswap hasn’t absorbed more volume from #centralizedexchanges is due to certain user experience setbacks, such as the fifteen-second trading time and some concerns about slippage.

This is likely to be solved with the introduction of Uniswap v3, which is expected to be integrated into second-layer scaling solutions such as Optimism’s Optimistic #Ethereum.

🚨 Whale Alert - Justin Sun Buying Up ETH?

Over the past 45 hours, someone purchased 57,500 #Ethereum ($174 million) across Binance and DEXs.

1⃣ Few hours ago, a wallet "TWGHNc" (linked to Justin Sun) deposited 50M USDT to Binance
2⃣ This same wallet "TWGHNc" also withdrew 500M USDT from HTX yesterday
3⃣ Perhaps only Justin Sun can withdraw such large amounts of USDT from HTX
4⃣ He bought ~160,000 $ETH ( $484M ) from #Binance  & #DEX in Less than 13 Days.

The wallet addresses are:
1⃣ TWGHNcdtcegGKgLqiYrdBaF7eoFVibjeFP
2⃣ Etherscan: 0x7a95f1554eA2E36ED297b70E70C8B45a33b53095

Is #JustinSun accumulating #ETH behind the scenes?