Uniswap
Why Uniswap is down 4.3% in the last hour
Analysis
Uniswap (UNI) fell 4.3% over the past hour as sentiment weakened following reports of a fake Uniswap website that drained users’ wallets, with scammers reportedly stealing about $400K. This type of phishing incident can undermine near-term confidence in the Uniswap brand and ecosystem, prompting selling pressure.
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.