BitMEX co-founder Arthur Hayes has made a big buy of the Uniswap governance token UNI, following a three-year pause. This follows the DeFi token’s surge of over 21% yesterday, which noticed it attain as excessive as $10.
Arthur Hayes Buys Uniswap Once more
Blockchain tracker Lookonchain, in an x-post, has reported a transaction involving former Bitmex CEO Arthur Hayes, who bought 28,670 tokens value $244,000 in a single transaction. The acquisition comes shortly after Uniswap unveiled the Unification proposal, a joint effort between Uniswap Labs and the Uniswap Basis to activate protocol charges on the community to fund a UNI token burn.
Curiously, about 100 million tokens are scheduled for a retroactive burn, counting from the alternate’s inception. Other than the token burn, the Unification proposal additionally options plans to launch a system of auctions of protocol price reductions. This fee-switch system is predicted to additional enhance rewards for liquidity suppliers, incentivizing them to take part extra actively on the alternate.
Following the announcement, UNI skilled a surge in quantity, and the worth rose sharply. Thus, Hayes’ buy of UNI has additional bolstered buyers’ renewed curiosity in Uniswap.
Cryptoquant CEO Predicts Provide Shock For UNI
Ki Younger Ju, the CEO of the on-chain analytics platform CryptoQuant, has expressed bullish sentiment towards Uniswap following the alternate’s Unification proposal. Younger, in an X submit, defined {that a} provide shock is inevitable for the governance token if the price swap is activated, and this might trigger the worth to go parabolic.
Uniswap may go parabolic if the price swap is activated.
Even simply counting v2 and v3, with $1T in YTD quantity, that’s about $500M in annual burns if quantity holds.
Exchanges maintain $830M, so even with unlocks, a provide shock appears inevitable. Appropriate me if I’m incorrect. https://t.co/39QjJsw9uQ pic.twitter.com/3FQzAmuOP3
— Ki Younger Ju (@ki_young_ju) November 11, 2025
The CEO pinned his outlook on the efficiency of Uniswap fashions V2 and V3, which have a $1 trillion year-to-date (YTD) quantity, which means a $500 million annual burn, assuming quantity holds. Provide shock causes a sudden, drastic change within the provide of a token, resulting in both a pointy enhance or a pointy lower in its worth.
Younger believes this time, Uniswap is gearing up for a bullish transfer. In the meantime, crypto group members are divided on what this might imply for Uniswap, with some echoing the CEO’s sentiment, believing an uptrend is on the horizon. On the similar time, others share a extra pessimistic outlook.
