Guavy AI Editorial TeamSentiment: -3Clout: 82

Chainlink Non-Circulating Wallet Unloads 18M Tokens on Binance

Chainlink's non-circulating wallet has transferred 18.375 million LINK tokens to Binance, worth approximately $144.93 million at current prices of around $7.92 per token.

The transfer comes as Chainlink's price struggles with resistance from its EMA50 indicator at $8.03 and EMA200 indicator at $8.56, while the MACD is in a death cross formation.

This development sharpens LINK price prediction models and highlights fresh crypto whale movements during periods of market crash pressure.