LINK Faces Bearish Signals After Large Whale Transfer To Binance

Published 30/10/2023, 13:12
LINK Faces Bearish Signals After Large Whale Transfer To Binance
LINK/BTC
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Coin Edition -

  • Earlier today, a whale transferred LINK worth over $7 million from an unknown wallet to Binance.
  • Technicals on LINK’s daily chart suggest that momentum is shifting from bullish to bearish.
  • LINK was worth $11.00 at press time after its price managed to climb 0.41% in the past 24 hours.

After Chainlink’s (LINK) price success over the past few days, it seems like a whale might be planning to cash in their holdings. The whale tracking platform, Whale Alerts, shared a post on X earlier today warning traders that a whale transferred 671,878 LINK, worth about $7,379,274, from an unknown wallet to Binance.

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