hodler

20 May 2026, 11:16

UNI price surges as $2.33M whale buy sparks breakout buzz across markets

Uniswap (UNI) edged higher Wednesday as buyers pushed the decentralized exchange token back toward a notable resistance area, delivering relief after recent weakness. The UNI token traded at around $3.60 at the time of writing, with prices up roughly 4% over the past 24 hours. This saw Uniswap rank among the day’s stronger performers, but technical indicators and on-chain metrics suggest the token may still encounter headwinds before reclaiming a clear bullish trajectory. Uniswap notches gains UNI’s intraday advance follows its recovery from this week’s lows around $3.35. The bounce appears to have been aided by a decline in selling pressure, as indicated by CoinMarketCap data, which shows intraday trading volume down by approximately 22%. The token is eyeing gains amid new whale activity, with two wallets recently accumulating more than 656,330 UNI for roughly $2.33 million. The buying suggests bulls may be positioning ahead of a potential breakout. In terms of technical setup, this uptick comes amid subsiding liquidations and thinner order books. Open interest in derivatives markets has also cooled, dipping by roughly 0.43%, a development that traders often interpret as reduced speculative leverage, which can temper extreme price moves in either direction. Uniswap price forecast: sell signal persists UNI’s recovery is nonetheless gradual rather than explosive, and a retest of recent highs around the $3.65-$3.75 could fizzle. In fact, the current price levels are close to a supply zone that has previously capped upside momentum. The daily chart, for instance, shows that while the overall technical picture points to a buy opportunity, the price hovers below key moving averages on the daily chart. As the chart below shows, the 100-day and 200-day exponential moving averages converge near the current trading band. Currently, they form a supply wall that has historically limited upward moves. However, the relative strength index (RSI) sits in neutral territory, suggesting there is room for further upside. The Ichimoku Base Line also rests in a neutral zone, reinforcing the absence of a decisive trend. Uniswap price chart by TradingView A mixed technical outlook, therefore, paints both a lingering sell signal from longer-term positioning and moving-average alignment, and potential upward extension. In practical terms, the token could test the resistance zone before retreating. UNI has been in a horizontal channel since sliding below $4.20 in late January, and sideways trading could continue if buyers fail to inject fresh volume. Sellers reasserting control could push prices back toward recent lows. The key technical levels to watch in the immediate term are $3.75-$4.10, which represent recent highs and the prior supply zone. UNI touched a high of $6.20 in December 2025. If selling mounts, support could be in the $2.90-$3.00 range, levels that align with a previous consolidation area. The post UNI price surges as $2.33M whale buy sparks breakout buzz across markets appeared first on Invezz

20 May 2026, 11:15

Bitcoin futures open interest hits $29 billion as Binance leads

🚀 Open interest in $BTC futures jumped to $29 billion on May 5. Most futures bets concentrated in Binance, which holds 73% more than its nearest competitor. Continue Reading: Bitcoin futures open interest hits $29 billion as Binance leads The post Bitcoin futures open interest hits $29 billion as Binance leads appeared first on COINTURK NEWS .

20 May 2026, 10:55

'Double Check Your Keys': CZ Binance Tells Crypto Developers Following GitHub Security Incident

Binance cofounder Changpeng "CZ" Zhao sends warning to crypto developers after GitHub reported unauthorized access to its internal repositories.

20 May 2026, 10:48

DRV rises over 6% after Coinbase roadmap listing: how high can it climb?

Derive (DRV) has posted strong gains over the past 24 hours after being added to Coinbase's listing roadmap, with the token climbing more than 6% to trade near $0.083. The token is up more than 259% over the past year and has recovered sharply from its all-time low of $0.01244 recorded in April 2025, although DRV remains about 63% below its all-time high of $0.2283 reached in January 2025. Coinbase listing boosts DRV momentum DRV's rally followed confirmation that Coinbase has added DRV to its listing roadmap, which would expose the token to a significantly larger pool of retail and institutional traders. https://twitter.com/CoinbaseMarkets/status/2056848547836780965?s=20 Listings on major exchanges often increase liquidity and trading participation, particularly for mid-cap decentralised finance projects. In DRV’s case, the addition to the listing roadmap coincided with a sharp increase in trading activity, with 24-hour volume climbing above $1.4 million. The move also triggered renewed interest in the Derive ecosystem. The protocol currently holds more than $123 million in total value locked, showing that user capital inside the platform remains relatively strong even after the broader crypto market experienced periods of heavy volatility earlier this year. The price action following the addition to the roadmap showed aggressive buying pressure as DRV broke above the $0.082 resistance level. Analysts tracking the move noted that the breakout was accompanied by unusually high trading volume, often viewed as a sign of strong market participation. However, the size of the spike also raised concerns about short-term exhaustion. Rapid rallies driven by exchange listings can sometimes attract profit-taking from early buyers, especially after a token posts consecutive green sessions within a short period. DRV price technical analysis Technical data shows that DRV has entered a key decision zone after reclaiming short-term support around $0.0813. Recent price behaviour suggests the area between $0.0813 and $0.0820 has now become the main support cluster for the current trend. Holding above that range would likely keep bullish momentum intact and increase the chances of another push toward higher resistance levels. The next major resistance sits near $0.0910. Historical price action shows that previous moves above this level often opened the door for larger upward expansions. If DRV breaks through $0.0910 with sustained volume, traders will likely begin targeting the next resistance area around $0.1214. Derive (DRV) price analysis But if DRV fails to hold the $0.0813 support zone, the first downside target sits near $0.078. A deeper correction could then expose the next historical support area around $0.0726. Even so, the broader structure remains bullish while price continues to trade above the recent breakout level. The post DRV rises over 6% after Coinbase roadmap listing: how high can it climb? appeared first on Invezz

20 May 2026, 10:44

Bitcoin Eyes $78K Resistance as Bitfinex Longs Hit 2.5-Year High, Trump Media Pulls ETF

Bitcoin News A five-day slide for Bitcoin failed to deter leveraged traders on Bitfinex, where margin longs climbed to roughly 80,636 BTC, their highest reading since December 2023. The position si...

20 May 2026, 10:32

Ethereum Price Prediction: ETH Holds $2,100 as Whales Exit

Ethereum is holding the lower edge of its green Gaussian Channel, keeping the short-term bounce setup alive near $2,100. However, whale count data shows large ETH holders have been leaving or consolidating positions, putting the $2,000 support level back in focus. Ethereum Price Backtests Green Gaussian Channel as $2,100 Support Holds Ethereum is backtesting the green Gaussian Channel on the daily Bitstamp chart shared by Sky on X, with price holding near the lower channel area for several sessions. The ETH/USD chart shows Ethereum trading near $2,110 after pulling back from the recent range near $2,370. The latest candles sit close to the lower edge of the green Gaussian Channel, where the analyst marked a possible support reaction. ETH/USD Daily Gaussian Channel Chart. Source: Sky on X The channel had already flipped from purple to green. That matters because the previous purple phase showed weaker trend conditions, while the green phase points to a possible recovery setup. However, ETH still needs to hold the current support area. The chart shows the lower channel band near $2,102, while price remains only slightly above it. A daily close below this zone would weaken the backtest and could bring the lower range near $2,025 back into focus. If Ethereum holds the channel, the first upside level sits near $2,236, where the midline of the green channel is located. After that, ETH would need to reclaim the upper area near $2,370 to show stronger momentum. For now, the chart shows a clean backtest, not a confirmed breakout. Ethereum must defend the green Gaussian Channel to keep the bullish structure active. Ethereum Whale Count Drops as $2,000 Support Comes Into Focus Ethereum whale activity is weakening, according to the Glassnode chart shared by Ali Charts on X. The chart shows the number of ETH whale addresses trending lower over the past two months. Ali Charts said around 60 whale addresses holding 10,000 ETH or more have either emptied or consolidated their balances. ETH Whale Count Chart. Source: Ali Charts on X The blue whale count line has moved down from around 1,110 to near 1,030. At the same time, the red 30-day average bars stayed negative for most of the period, showing a steady decline in large-holder activity. This matters because whale exits can signal profit-taking, asset relocation, or lower confidence from large holders. The analyst also linked the whale decline to recent heavy exchange inflows, which can add selling pressure if large wallets move ETH to trading platforms. However, the chart does not prove that every whale sold. Some wallets may have consolidated funds, moved assets to custody, or changed wallet structure. Still, the drop shows that fewer large addresses now hold 10,000 ETH or more. For price, the key level is $2,000. If Ethereum loses that psychological support, the chart’s bearish reading would strengthen. For now, Ethereum whale count is falling, and large-holder activity adds pressure to the short-term ETH outlook.