Investment
Features
FeesSafety
Academy
More
Pluang+

Chainlink whale ends month-long buying, moves $9.2M in LINK to Coinbase, sparking sell-off fears

Technical Signals
16 Aug 2026
UToday
View Source
Bearish
pluang ai news

A major Chainlink investor broke a 30-day buying streak by transferring $9.2 million worth of LINK tokens to Coinbase, raising concerns about a potential sell-off. The whale had previously accumulated 2.41 million LINK by withdrawing from Binance wallets. This move coincides with Chainlink's critical technical resistance near $9.41, where selling pressure could halt a price rebound. If the transfer is a sale on Coinbase, LINK may drop back to $8.20–$8.50 support; if internal or OTC, the token could still break through resistance toward $10.

More News (LINK)

Chainlink leads crypto gains with 5.2% rise amid growing demand for decentralized oracles.

Chainlink leads crypto gains with 5.2% rise amid growing demand for decentralized oracles.

Chainlink surged 5.20% to $9.49, leading the day's crypto gainers due to its key role in linking smart contracts with real-world data. Other notable increases included World Liberty Financial, Worldcoin, and Monero, while Pi Network and OKB saw decli...

Market News
Neutral
16 hours ago
Chainlink price jumps 8.2% amid record holder growth and rising trading volumes.

Chainlink price jumps 8.2% amid record holder growth and rising trading volumes.

Chainlink's price surged 8.2% to $9.47, driven by a 115% increase in daily spot volume and a 140% rise in derivatives turnover, signaling strong market interest. The number of LINK holders hit a record 3.96 million, with active addresses doubling, in...

Technical Signals
Bullish
20 hours ago
Chainlink ETF sees rising inflows as institutional interest grows despite crypto market volatility

Chainlink ETF sees rising inflows as institutional interest grows despite crypto market volatility

Bitwise's Chainlink ETF has experienced increased inflows totaling about $1.5 million over the past week, signaling growing institutional interest despite a broader crypto market downturn. Chainlink remains the top-performing crypto asset among the t...

Market News
Bullish
1 day ago
Bitcoin ETFs sell 917 BTC as Chainlink ETFs gain 163,280 LINK, signaling shifting institutional interest.

Bitcoin ETFs sell 917 BTC as Chainlink ETFs gain 163,280 LINK, signaling shifting institutional interest.

Bitcoin ETFs have sold off 917 BTC, worth about $57.63 million, indicating a notable shift in institutional sentiment. Major U.S. spot Bitcoin ETFs, including those by BlackRock and Fidelity, contributed to this outflow, which exceeds two days' worth...

Market News
Neutral
1 day ago
Crypto market stays flat with Bitcoin near $63K amid stalled US regulatory clarity.

Crypto market stays flat with Bitcoin near $63K amid stalled US regulatory clarity.

The crypto market remains range-bound with Bitcoin trading around $62,900, showing little daily movement but down over 3% weekly. Regulatory setbacks in the US, including the SEC delaying a key crypto rule vote and stalled Senate action on the CLARIT...

Market News
Neutral
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App