Bearish
Chainlink (LINK) price drops 3.73% to $12.64 amid whale activity and exchange outflows.
In the past 24 hours, Chainlink (LINK) experienced a 3.73% decline, trading at $12.64. This downturn coincided with significant whale activity, including a $7.6 million LINK transfer to Coinbase, and substantial exchange outflows, indicating potential accumulation. These developments suggest market participants are positioning themselves for future price movements.
Key points
- A large Chainlink holder transferred 620,420 LINK (approximately $7.6 million) to Coinbase, continuing a series of deposits over the past three weeks.
- Chainlink exchange outflows reached 970,430 LINK, the largest of 2026, indicating potential accumulation.
- Chainlink's price declined by 3.73% to $12.64, with an intraday high of $13.66 and a low of $12.57.
Sources
AI-generated from public news sources. Not financial advice.
