is the uniswap airdrop the reason for the bloody market as we can all see?? millions of dollars wer airdrops to over 80k ethereum addresses and more are still being given out for free..
will the market pickup anytime soon?? is it safe to buy ethereum at this price.. ?? or I wait ??
As far as your concern about the uniswap airdrop, I think it was given in UNI tokens so technically even if we say that everyone cashed out so only UNI token should have been dumped because of everyone selling and cashing out.
But personally i think this airdrop has supported the market because most of the sellers have bought their favorite coins like btc, eth and others.
As far as the market dump is concerned it was technically due so just wait for the market to take turn and continue its journey.