The price of UniSwap (UNI) fell below $9 on October 7, as recorded by Investing.com’s daily data. On that day the low was $7.7095 and the close was $7.7949.
Other pricing sources reported the movement slightly differently. AMBCrypto listed the same day’s price at $8.19 when first publishing its article, then noted a mid‑day low of $8.00 and later a low of $8.05. CoinGlass’ daily record did not provide closing price information for that day.
According to CoinGlass data cited by AMBCrypto, the total long position on UniSwap futures was about $5.7 million (roughly ₩76 billion) over the same 24‑hour period; that position’s net outflow was $312 million (≈₩4 trillion 177 billion), inflow $251 million (≈₩3 trillion 361 billion), and net outflow of $61 million (≈₩817 billion). Those figures were broadly consistent with CoinGlass’ original data.
Long positions are betting on price increases. If the price moves in the opposite direction, a lack of margin could lead to forced liquidation. Liquidations may occur alongside price declines, but the liquidated amount alone makes it hard to determine the cause of the decline.
AMBCrypto noted that MACD and SMI were pointing downwards; if selling pressure continues, the price could test $7.6 below $8.0. If the current support holds, it may hold at $8.0 and potentially recover to $9.0. Those are technical analyses of the current trend.
Based on the price records confirmed by Investing.com and AMBCrypto, UniSwap’s low on October 7 was $7.7095 according to one source and $8.00 according to another. A single price record alone does not allow one to conclude that the support at $8.0 is definite or predict the next price direction.