Arthur Hayes Buys 244,406 UNI as Uniswap Pushes Fees Into v4
Uniswap (UNI)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that BitMEX co-founder Arthur Hayes purchased 244,406 UNI for approximately $1.73 million. The acquisition occurred through Flowdesk’s OTC operation at an average price of roughly $7.06 per token. This transaction links Hayes to a wallet previously identified with him just as Uniswap expands its fee system.
Since December 2025, fees from v2 and selected v3 pools have been used to burn UNI permanently from circulation. The UNIfication governance overhaul routes collected fees into on-chain contracts where participants claim assets by supplying UNI. Uniswap Labs activated these fees across 11 chains in July, including Ethereum, Base, and Arbitrum.
The protocol recently set a record by burning 186,000 UNI in a single day. Governance is now considering bringing this economic model into Uniswap v4. Hayes exited his Hyperliquid and NEAR positions in June but recently forecast $10,000 Ethereum by year-end.
He bases this outlook on the expectation that expanding dollar liquidity will lift higher-beta crypto assets. UNI remains a governance token where holders do not receive a direct pro-rata claim on protocol revenue.
How the market reacted
Whalio's own Binance spot order flow for UNI, measured when this story was written up on 6 September 2026. Not the outlet's figures.
UNI trades at $7.05 with a 1-hour buy ratio of 63.8% and a 4-hour buy ratio of 51.8%. These short-term figures exceed the 24-hour buy ratio of 53.2%, indicating that buying pressure is currently building. The volume delta shows +$337,179 in the last hour and +$487,515 over four hours. This positive volume delta means buyers are actively consuming sell orders rather than just matching them. Over 24 hours, the volume delta reaches +$4,622,150 with a cumulative volume delta of +$7,468,691. Net buying occurred for 18 of the last 24 hours, supporting a spot volume of $72,512,489.
The latest daily buy ratio of 45.7% sits at the 13th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for UNI, averaged over the days leading up to the story.
The 24-hour buy ratio of 53.2% is 1.6 points higher than the 7-day average of 51.7%. This suggests today is an unusually active day for buyers compared to the recent weekly norm. Spot volume is 1.05x the weekly average, confirming elevated trading activity. The coin has seen a price change of +50.5% over the past eight days. Total volume delta for that week reached +$17,602,236 across five days of net buying.