Neutral
Chainlink (LINK) price drops 1.04% to $11.37 amid whale activity and exchange deposits.
Over the past 24 hours, Chainlink (LINK) experienced a slight decline of 1.04%, trading at $11.37. This movement coincided with significant whale activity, including a $7.6 million LINK transfer to Coinbase, and increased exchange deposits, indicating potential selling pressure.
Key points
- Whale Activity: A large Chainlink holder transferred 620,420 LINK, valued at approximately $7.6 million, to Coinbase on September 7, 2026.
- Exchange Deposits: Over the past three weeks, the same wallet deposited a total of 2.41 million LINK, worth about $26.04 million, into Coinbase, suggesting potential selling intentions.
- Price Movement: LINK's price declined by 1.04% to $11.37, with an intraday high of $11.56 and a low of $11.14, reflecting market volatility.
Sources
- Chainlink whale sends $7.6m in LINK to CoinbaseWEEX Crypto News · September 7, 2026
- Chainlink Exchange Holdings Hit Lowest Level Since Mid-2022WEEX Crypto News · September 11, 2026
- Chainlink Whale Activity Hits Five-Month High with 246 Transactions Over $100,000 in 24 HoursWEEX Crypto News · August 12, 2026
AI-generated from public news sources. Not financial advice.
