UNI Exchange Reserves Hit Record 113.9M Amid CME Futures News
Uniswap (UNI)
Editor:
Eugene Serbin
cvj.ai reports that Uniswap’s UNI governance token has reached a record 113.9 million tokens on centralized exchanges, the highest level since late 2020. This accumulation typically signals potential selling pressure, yet the token has more than doubled in price over the past month. Binance holds the majority of this stockpile, with over 73 million UNI recorded as of September 23.
Large inflows of 2.6 million and 1.89 million tokens arrived on Binance on September 18 and September 22, respectively. Despite these high reserves, new wallets aggressively bought approximately 782,130 UNI this week, withdrawing tokens from Binance, Gate.io, Bybit, and OKX. This accumulation contrasts with the bearish reserve data, suggesting fresh buyers are entering the market.
UNI’s price jumped 11.9% following reports that CME Group plans to launch UNI futures. The broader rally has seen the token rise more than 113% over the last month. Uniswap also dominates Robinhood’s DeFi activity, handling 80% of its stock token volume which exceeds $10 billion.
This dominance controls over 99% of DeFi deposits tied to Robinhood Chain. The record reserves present a double-edged sword between potential sell-offs and robust demand.
How the market reacted
Whalio's own Binance spot order flow for UNI, measured when this story was written up on 25 September 2026. Not the outlet's figures.
UNI is currently trading at $9.15 on Binance spot markets. The 1-hour buy ratio sits at 49.5%, while the 4-hour ratio is slightly higher at 52.8%, compared to a 24-hour average of 51.5%. This indicates that short-term buying pressure is fading relative to the broader daily trend. Volume delta reflects this shift, showing a net outflow of $67,359 in the last hour against a positive 24-hour delta of $2,885,797. A positive volume delta means buyers have been more aggressive than sellers over that period, while a negative delta suggests sellers are currently dominating. The 24-hour cumulative volume delta closed at +$834,183, confirming net buying pressure over the full day. Spot volume reached $93,147,165 with 450,457 trades recorded in 24 hours.
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.
Over the preceding week, the 7-day average buy ratio was 51.6%, matching the latest day's performance exactly. Daily volume averaged 0.64 times the standard baseline, indicating a quieter trading environment than usual. Net buying occurred on 6 of the 7 days, with a total volume delta of +$36,040,411 over the period. The price increased by 17.5% over the 8-day window. This current day is ordinary in terms of buy ratio but unusual in volume, trading at 0.64x the average daily volume.