Uniswap
Why Uniswap is down 1.2% in the last hour
Analysis
UNI slipped about 1.2% over the past hour after reports that a fake Uniswap website drained users’ wallets, with scammers allegedly stealing around $400K, which can weigh on near-term sentiment toward the Uniswap brand. CryptoPotato’s coverage of the phishing incident likely contributed to caution and modest selling pressure in UNI during the hour.
Contributing Factors (1)
Fake Uniswap Website Drains Crypto Wallets as Scammers Pocket $400K
Uniswap accounted for 41% of tracked malicious websites linked to crypto phishing campaigns uncovered by SEAL researchers in March.
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.