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Chainlink Whale Transfers 984K LINK to Coinbase Amid Market Volatility
In the past 24 hours, a significant Chainlink (LINK) holder transferred approximately 984,550 LINK tokens, valued at around $9.23 million, to Coinbase. This move has raised concerns about potential selling pressure, especially considering the whale's previous accumulation of over 2.4 million LINK tokens at an average price of $8.40. Despite this, there are no immediate signs of a market downturn, and LINK continues to trade near the $9.40 mark.
Key points
- A major Chainlink holder transferred 984,550 LINK to Coinbase, valued at $9.23 million.
- The same whale had previously accumulated over 2.4 million LINK at an average price of $8.40.
- Despite the transfer, LINK remains stable, trading near $9.40.
Sources
- Chainlink Whale Breaks Month-Long Buying Streak With $9.2 Million Move to CoinbaseTradingView News · September 2, 2026
- Chainlink Price Faces Risk as Whale Transfers 984K LINK to CoinbaseThe Coin Republic · August 17, 2026
- Chainlink Whale Breaks Month-Long Buying Streak With $9.2 Million Move to CoinbaseTradingView News · September 2, 2026
- Chainlink Price Faces Risk as Whale Transfers 984K LINK to CoinbaseThe Coin Republic · August 17, 2026
AI-generated from public news sources. Not financial advice.
