Neutral
Chainlink (LINK) price remains stable at $8.80 amid significant whale activity.
Over the past 24 hours, Chainlink's (LINK) price has held steady at $8.80, despite a notable withdrawal of 281,140 LINK tokens (approximately $2.45 million) from Binance by a whale investor. This move indicates continued accumulation by large holders, yet the overall market sentiment remains unchanged.
Key points
- A whale withdrew 281,140 LINK tokens worth $2.45 million from Binance, suggesting ongoing accumulation.
- LINK's price remains at $8.80, with support at the 50-period EMA ($8.48) and resistance at the upper Bollinger Band ($8.79).
- The Relative Strength Index (RSI) is at 67.81, indicating neutral momentum.
Sources
AI-generated from public news sources. Not financial advice.
