Chainlink Unlock: $264 Million Worth Of LINK Tokens Sent To Binance, Will Thi...
Brace yourself as new LINK tokens perpetually flood the market. Chainlink, as part of its periodical unlocks, recently unlocked 21 million LINK tokens, valued at $295 million, from five of its non-circulating supply contracts. As noted by Spot On Chain, the majority of these tokens were sent to crypto exchange Binance, prompting speculation as to […]
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Chainlink (LINK) has come under intense pressure, shedding more than 33% of its value since hitting local highs in May. The combination of escalating Middle East tensions and growing macroeconomic uncertainty—fueled by rising US Treasury yields and a cautious Federal Reserve—has shaken investor confidence across crypto markets. In this environment, bulls have lost control of […]
The Optimism native token OP is now in the line of fire with millions of tokens set to be released into circulation. This threatens the altcoin’s price which is already on a downward spiral after carrying out its 3rd airdrop. Optimism Set To Unlock 24 Million Tokens In the latest iteration of its token unlock events, the Optimism network is looking at over 24 million tokens being unlocked and brought into circulation. On-chain token tracking website Token Unlocks reports that the 24.16 million token is worth approximately $30.7 million at current prices. Related Reading: Market Analysts....
Chainlink (LINK) has managed to break through the critical resistance level at $6. This unexpected surge in price can be attributed, in part, to the relentless accumulation of LINK tokens by large wallet investors, known as sharks. The trend among these influential players has been particularly pronounced, and it could hold the key to Chainlink’s bullish resurgence. On-chain date cited in a report has provided valuable insights into this remarkable shift in Chainlink’s fortunes. According to their data, the shark tier of investors has swiftly acquired a staggering $9.6....
Chainlink (LINK) has undergone a strong rally since the lows set in September. The price of the leading cryptocurrency currently trades for $11.50. LINK is up 3% in the past 24 hours, outperforming Bitcoin, XRP, Binance Coin, and a series of other top altcoins. Even still, LINK is trading just under 50% below its all-time […]
LINK could drop to nearly $4 by December 2022 given its failure to close above a key resistance level despite strong whale accumulation. Chainlink (LINK) returned to mimic the broader crypto market downtrend as its price fell alongside top coins Bitcoin (BTC) and Ether (ETH) on Nov. 8. LINK plunged by as much as 10% into the day to reach $8. While BTC and ETH slipped by approximately 6.5% and 9%. That contrasts with the trend witnessed on Nov. 7, wherein LINK rallied 14% to $9.25, its three-month high, while BTC and ETH dropped 1.5% and 0.5%, respectively.LINK/USD two-hour price chart.....