A whale investor purchased 800,000 LINK tokens worth $6.8 million from Coinbase, increasing their total holdings to over 5.3 million LINK valued at $44 million. This accumulation comes as Chainlink's price dropped below $9, creating a buying opportunity. Despite ongoing market weakness and negative price momentum, demand for LINK has rebounded to levels seen in 2024, with traders showing long-term confidence by holding rather than selling. The key question remains whether this demand will trigger a price breakout above $9, as historical patterns suggest a potential recovery and gains ahead.
Bitcoin dropped about 2% amid a sharp 11% plunge in South Korea's Kospi stock index, one of its worst days in years, shaking global risk assets. The U.S. Senate postponed the Crypto Clarity Act to focus on a Russia sanctions bill and federal nominati...
Hyperliquid trades near $59.5, just above its 100-day EMA, holding a critical support at $57.5 with resistance at $62 and $64.3. Shiba Inu broke above its 26- and 50-day EMAs but faces resistance at the 100-day EMA, with buying interest strong but un...
Chainlink (LINK) has gained bullish momentum after rising above its 26-day and 50-day exponential moving averages, trading around $8.72. This recovery follows a local bottom near $7.20 and is supported by stronger trading volume, indicating genuine b...
On July 28, the cryptocurrency market showed varied trends: Shiba Inu (SHIB) experienced a strong breakout with increased volume, signaling a potential early recovery phase if it sustains above key moving averages. Chainlink (LINK) is attempting a tr...
A large Chainlink whale accumulated 1.58 million LINK tokens worth about $13.3 million by withdrawing from Binance, reducing exchange supply and signaling confidence. Despite this, LINK's price remained stable above the $8.18 support level without a ...
