News with the tag "$LINK"

Chainlink's price surged past $24, driven by significant whale activity and a decrease in exchange reserves, indicating strong investor confidence and a healthy market structure.

A Chainlink whale transferred $4.86 million worth of LINK to Binance at a loss, sparking discussions about the implications for the cryptocurrency market and Chainlink holders.

Chainlink has launched the Chainlink Reserve, a system designed to convert revenue into LINK tokens to enhance the token's value and stability, and support the long-term health of the Chainlink ecosystem.

A significant withdrawal of 749,990 LINK tokens (valued at $12.43 million) from Binance by an anonymous whale signals potential bullish sentiment for Chainlink, indicating long-term holding and reduced selling pressure.

A Chainlink whale deposited 170,000 LINK tokens worth $3.23 million into Kraken, potentially signaling a strategic sale after accumulating the tokens at an average price of $14.46, which could yield a profit of approximately $770,000 at current market prices.

Centralized crypto exchanges have seen $51.26 million in Chainlink (LINK) outflows since June 20, indicating a shift in investor behavior towards decentralized applications and long-term holding.