Chainlink Whale Unloads $9.2 Million Amid Key Resistance Test
A significant Chainlink investor has ended their month-long accumulation period and transferred nearly $9.2 million worth of tokens to Coinbase.
The whale, identified as '0xF5B007', had been methodically withdrawing tokens from Binance hot wallets over the past month, accumulating around 2.41 million LINK in the process.
This move has sparked concerns among crypto market participants about a possible sell-off, and it coincided with a critical technical turning point on the LINK/USD chart.