Chainlink Whale Selloff Spurs Concerns as Price Drops 15%

CryptoFrontNews

2025-02-06 05:14:47

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Chainlink whales sold over 4 million tokens in 48 hours, contributing to a 15% price drop

The broader crypto market’s decline, triggered by trade war concerns, adds pressure to Chainlink’s performance

Despite the selloff, Santiment’s data shows a surge in buying activity below $20, fueling speculations of a rebound.

Chainlink (LINK) experienced significant selling pressure on February 5, 2025, as whales dumped over 4 million tokens into exchanges. This move raised alarms among investors

LINK-0.15%

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