Chainlink Whale Sells $9.23M Worth of LINK on Coinbase

A recent Chainlink whale moved nearly $9.23 million worth of LINK onto Coinbase, sparking interest in the cryptocurrency's price prediction.

The whale, which had accumulated about 2.41 million $LINK from Binance over the past month, still holds 1.43 million LINK worth close to $13.43 million and has an estimated $1.42 million in unrealized profit.

This move could be a sign of selling pressure, but it may also be a strategic positioning by the whale for future market movements.

The Chainlink price is currently trading near its breakout level of $9.472, and a close above $9.752 could open the door to $10.044 and $10.873.