Uniswap
Why Uniswap is down 1.8% in the last hour
Analysis
Uniswap (UNI) slipped 1.8% over the past hour as sentiment likely weakened following reports of a fake Uniswap website that drained users’ wallets and netted scammers about $400K. The incident may have raised short-term security and reputational concerns around the Uniswap brand, weighing on near-term trading.
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.