Uniswap
Why Uniswap is down 4.6% today
Analysis
Uniswap (UNI) fell 4.6% over the past 24 hours as sentiment was pressured by reports of a fake Uniswap website that drained users’ wallets and netted scammers around $400K. The incident likely weighed on confidence in the Uniswap brand and user safety, contributing to selling pressure in UNI.
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.