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The pump of UNI this time is a bit intense.
I just saw on-chain data that a giant whale directly swept up 13 million dollars worth of chips, and the market was instantly ignited. Many people thought it was another ecological partnership or a technology update, but upon checking, it turned out that the core driving force is that cost distribution proposal that has been discussed for almost a year, and it is really about to be implemented.
To put it simply, this means that in the future, UNI holders will be able to directly receive a share of the protocol's transaction fees. Previously, the revenue generated from trading volume went to the protocol's treasury, but now it will be distributed to token holders. No wonder institutions are re-evaluating their valuation models overnight, and retail investors are starting to FOMO.
On the technical side, the MACD has crossed golden, and the price has also broken through the key resistance level that has stood for half a year. The last time this kind of fundamental + technical resonance occurred was back when UNI was just launched.
How far will this market trend go? To be honest, no one can guarantee it, but at least the chips are quickly concentrating now, and the story logic has become more solid.