Transaction fees on Uniswap nosedived as users stayed away. Whales stayed faithful to UNI as it was one of the most purchased tokens. Uniswap[UNI] saw its Binance USD [BUSD] holdings deplete sharply as traders holding the dollar-pegged stablecoin looked for the quickest ways to exit the market. Realistic or not, here’s UNI’s market cap in BTC’s
![Uniswap [UNI] caught in firing line as BUSD FUD threatens to reverse gains](https://images.cryptocompare.com/news/default/ambcrypto.png "Uniswap [UNI] caught in firing line as BUSD FUD threatens to reverse gains")
