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Major Chainlink holder transfers 2.41 million LINK worth $26 million to Coinbase

  • A major Chainlink holder transferred 2.41 million LINK tokens to Coinbase.
  • The transferred tokens were worth about $26 million.
  • LINK recently fell below $12 support to around $11.80, prompting selling-pressure speculation.

A major Chainlink holder transferred 2.41 million LINK tokens, worth about $26 million, to Coinbase over several weeks. The transactions have fueled speculation about potential selling pressure as LINK recently fell below the critical $12 support level to around $11.80.

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