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Crypto

Chainlink Whale Stockpiles $1.87M in Gnosis Safe

Guavy AI Editorial Team
Instruments
BNB LINK GNO
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A significant transaction has taken place in the Chainlink (LINK) ecosystem. A whale moved 213,810 LINK tokens, worth approximately $1.87 million at current prices, into a Gnosis Safe wallet after withdrawing the same amount from Binance two weeks ago.

The address 0xB4e3E5Ca1206CF061056BeddE0C8F3B13662E2e4 now holds the tokens in self-custody. This move is seen as a bullish signal, with LINK trading above its EMA50 at $8.47 and EMA200 at $8.22.

The MACD golden cross at 0.12 adds momentum confirmation, indicating that the trend may continue upward. The price of LINK is currently within the Bollinger Bands, with upper resistance at $9.01 and lower support at $8.22.

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Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

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