Uniswap Falls 7.32% In Four Hours To $9.49 As Long Liquidations Reach $400,000

UNI fell 7.32% to $9.49 in four hours, dropping from $10.24. Long liquidations hit $400,000 in one hour, while short liquidations totaled $0. The sharp decline reflects leveraged long positions being wiped out as the token sold off. Traders who bet on price increases faced forced exits, amplifying the downward move.