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Chainlink Whale Withdraws 467K LINK from Binance Amid Price Holding at $8.8
In the past 24 hours, a significant Chainlink whale withdrew 467,180 LINK tokens, valued at approximately $3.94 million, from Binance, increasing their total holdings to 2.05 million LINK. This accumulation occurred while LINK's price remained steady at $8.8, supported by the 50-period Exponential Moving Average (EMA) at $8.48 and the 200-period EMA at $8.17. The Moving Average Convergence Divergence (MACD) indicator also registered a bullish crossover, suggesting potential upward momentum.
Key points
- A Chainlink whale withdrew 467,180 LINK from Binance, increasing holdings to 2.05 million LINK.
- LINK's price held steady at $8.8, supported by the 50-period EMA at $8.48 and the 200-period EMA at $8.17.
- The MACD indicator registered a bullish crossover, suggesting potential upward momentum.
Sources
AI-generated from public news sources. Not financial advice.
