Uniswap Price Drops Despite Bullish Forecast Amid Binance Hacker Sell-Off
Uniswap's price fell as a Binance hacker liquidated $39.63M in UNI, contrasting with Standard Chartered's optimistic $100 price prediction.
Uniswap's price fell as a Binance hacker liquidated $39.63M in UNI, contrasting with Standard Chartered's optimistic $100 price prediction. Uniswap (UNI) is trading at ₹650 ($6.82), up 0.7% since this brief published. This is an original Token Times brief based on reporting by Crypto.news, with live market data added, as of Fri, 30 Oct 2026 11:00:01 UTC.
The sell-off highlights the vulnerability of decentralized exchanges to large-scale token liquidations, while contrasting with optimistic long-term forecasts for the DeFi sector.
- Binance hacker sold $39.63M in UNI, causing price decline.
- Uniswap TVL dropped 7.1% to $3.65B in past week.
- Standard Chartered predicts UNI could reach $100 long-term.
- Binance Hacker Initiates Large-Scale Sell-Off of PEPE and UNI Tokens
- Hyperliquid Surges on ICE Exchange Rumors, Uniswap Gains Despite Downtrend
- Uniswap Price Drops Despite Bullish Forecast Amid Binance Hacker Sell-Off — this brief
Uniswap's UNI token experienced a price decline following a significant sell-off by a Binance hacker who liquidated $39.63 million in UNI. This event occurred amidst a broader market downturn, with 
Bitcoin down 3.16% in the last 24 hours and the overall crypto market cap at $2.67 trillion.
The sell-off contributed to UNI's price dropping to $6.77, representing a 3.83% decrease over the past day and a 6.33% decline over the week. Uniswap's Total Value Locked (TVL) also fell by 7.1% to $3.65 billion in the past week, according to DeFiLlama.
In contrast to the current market conditions, Standard Chartered has issued a bullish forecast for decentralized exchanges, suggesting that UNI could potentially reach $100 in the long term. This prediction reflects a long-term optimistic view on the growth and potential of decentralized finance platforms.
The discrepancy between the short-term sell-off and the long-term bullish forecast highlights the uncertainty and volatility in the crypto market. The market's Fear & Greed index currently stands at 30, indicating a 'Fear' sentiment among investors.
The UNI token's performance will be closely watched in the coming days to see if it can recover from the recent sell-off or if further downward pressure will ensue. The broader market conditions and any additional large-scale token movements will also be key factors to monitor.
Since this brief published about 1 hour ago, Uniswap (UNI) has moved from ₹645.13$6.77 to ₹649.89$6.82 — +0.74%.
The chart plots UNI's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 UNI ≈ ₹717.81 (about $6.82), down 4.3% over 24 hours. The rupee itself trades about 10.4% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 30, 2026.
Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Uniswap Price Drops Despite Bullish Forecast Amid Binance Ha — questions & answers
Why did Uniswap's price drop?
The price dropped due to a $39.63M UNI sell-off by a Binance hacker.
What is Standard Chartered's forecast for UNI?
Standard Chartered predicts UNI could reach $100 in the long term.
How much has Uniswap's TVL changed recently?
Uniswap's TVL decreased by 7.1% to $3.65B in the past week.
How much is 1 Uniswap worth in rupee today?
About ₹717.81 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $6.82. The rupee price moves with both UNI's US-dollar price and the USDT/INR rate; use our Uniswap in rupee page for any amount.
Has Uniswap's price moved since this brief was published?
UNI is up 0.74% since this brief first published — trading at ₹650 ($6.82) now versus ₹645 ($6.77) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times brief that synthesises reporting from Crypto.news. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.