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A large entity is reportedly accumulating Uniswap’s native token UNI, according to blockchain tracking firm Lookonchain. Citing data from on-chain “de-anonymizer” Arkham, Lookonchain reports that an unknown deep-pocketed investor has begun withdrawing UNI from Binance, the largest crypto exchange in the world. “A giant whale is accumulating UNI! This whale has withdrawn a total of 1.7 million UNI ($15.54 million) from Binance in the [past days].” According to Arkham’s data, the whale also holds $15.8 million in Tether’s USDT in the same wallet which was created only about two weeks ago. Uniswap is the second-largest decentralized exchange (DEX) in the world, according to CoinGecko, and UNI is its governance token. Uniswap is the top DEX operating on Ethereum (ETH). At time of writing, UNI is trading for $9.22, up over 50% in the past year. Lookonchain also reported two whales loading up on HYPE, the native token for th...

Widely followed trader Altcoin Sherpa says that one artificial intelligence (AI)-focused crypto asset is about to present opportunities for bulls. Altcoin Sherpa tells his 236,000 followers on the social media platform X that ZEREBRO, which bills itself as an AI system that autonomously creates and distributes content onto various platforms, may allow entries in the $0.40 range. After a correction, the trader says that ZEREBRO will be “very strong” in the future. “$0.50 is still resistance and I expect some sort of pullback between here and low $0.60s but I still think this is going to be a very strong one going forward. I have a solid bag of this. Team is full of shippers I’d view the $0.40ish area as a decent entry.” Source: Altcoin Sherpa/X At time of writing, ZEREBRO is trading at $0.54, up 38% in the last 24 hours. Altcoin Sherpa is also bullish on decentralized perpetuals exchange Hyperliquid (HYPE). He says that those look...