2x Chainlink ETF

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GLNK

CHNU

<p>A whale is suspected of selling 441,000 LINK tokens through GSR Markets, incurring an estimated loss of $1.77 million. The transaction involved transferring $3.84 million worth of LINK to a GSR Binance deposit address. Analysis shows that two addresses withdrew from Binance between June and October 2024 at an average price of $12.7, while the current deposit price is $8.69, indicating a 32% decrease in asset value since the initial investment.</p>

CoinLive

Grayscale Chainlink Trust ETF

A whale is suspected of selling 441,000 LINK tokens through GSR Markets, holding them for nearly two years and expecting a loss of $1.77 million.

<p>Chainlink's price has dipped below $9, raising concerns of a downturn. However, technical analysis indicates this may be a short-term pullback. The cryptocurrency has established a support zone between $8.34 and $8.64, which is holding strong. Key indicators suggest potential upward movement, with a critical level at $9.17 for bullish confirmation. Despite recent selling pressure from exchange inflows, the market appears stable, indicating a possible rebound as buyers regain confidence. Traders should prepare for potential volatility ahead.</p>

Invezz

Chainlink price below $9: can bulls defend key support now?

2x Chainlink ETF(CHNU.US)

A whale is suspected of selling 441,000 LINK tokens through GSR Markets, holding them for nearly two years and expecting a loss of $1.77 million.

Chainlink price below $9: can bulls defend key support now?