Chainlink (LINK) is on fire, currently trading at $26.44, up 11.37% in the last 24 hours! The breakout signals a strong bullish momentum, offering a great trading opportunity.
Key Highlights: • Momentum is strong, with LINK up 123% in the last 90 days. • Resistance ahead at $27.00 and $29.00. • Ideal for short-term profits or adding to long-term positions.
Jump in, but trade smartly. Stick to the plan and manage your risk.
Trump World Liberty Financial buys ETH for $5 million. This is reported by on-chain data. This news is currently helping #ETH in its rebound. Overall, the purchases of tokens and coins by Trump's team are something to keep an eye on.
Whales have been accumulating Chainlink (LINK) over the last five days, buying from Binance and sending it to self-custody wallets. The tokens were sent to new wallets, with 30 of the addresses tied to Whale Holdings. The addresses now hold a total of 1.37 million LINK worth $34.1 million. The biggest wallet holds 151K LINK, with the smallest holding about 5K LINK.
The idea behind the accumulation remains unknown considering the fact that LINK is used for speculative trading and as a utility token. Aside from also being used to earn passive income, movement to self-custody wallets signifies a potential interaction with DeFi. However, there is an indication that the activity may be related to the current dip in the market.
Speculations trail whale LINK withdrawal activities
Despite the religious holding of LINK by its investors, the token is still trading within a range-bound region. Other uses may include staking, with liquid staking providing additional rewards to users. Some of the withdrawn LINKs have been sent to the stake.link priority pool.
This is not the first heightened whale accumulation surrounding the token, as it has always been the push that has triggered the surge. Other whale activity has also led to rewards, with a trader recently making short-term gains of $200k. The Whale uses LINK to make profits, buying during price dips and selling during gains to make profits. The whale leverages the asset’s deep liquidity and its decentralized approach to shift between USDT and LINK, gaining profits from trades in days or hours.
While most whales use spot trading for their activities, the total open interest in the asset has dropped from its 2024 peak. Long positions are now 75%, with a downward move likely over the next few days. LINK has been consolidating in the higher price region after inching close to $30. With the asset at $24, it is still struggling to break above that mark.
Chainlink sets its focus on partnerships and financial services
Chainlink has continued to set its sights on its product as a utility, removing focus from its token. The platform ranks at 6 on Github, making it one of the most active projects in the space. Over the last few months, the project has been able to add more partnerships to its CCIP cross-chain service. After replacing the Ronin bridge, the project has taken over the bridging of Neiro on Ethereum and ApusCoin. Although the tokens are small, it still signals a nice shift for the token.
Meanwhile, over the last few years, whales with 100k LINK have continued to accumulate more tokens. Retailers are now selling, changing the profile of the token. With the asset still unlocked, shifts in its supply are happening in the wider market. CCIP now opens links to more than 13 blockchains, with more focus on replacing other bridges to assert its dominance in the cross-chain transfer market.
The post Whale wallets accumulating Chainlink (LINK) raise suspicions first appeared on Coinfea.
The $USUAL /USDT trading pair has become a standout on Binance, delivering a remarkable 31.22% gain in 24 hours as of December 20, 2024. Its strong momentum and trading volume make it an attractive choice for both day traders and long-term investors.
Key Highlights
Current Price: $1.4394
24h High: $1.4811 | 24h Low: $1.0707
Trading Volume:
USUAL: 667.23M
USDT: 844.46M
Technical Analysis
Moving Averages: The price is above the MA(25) and MA(99), showing a bullish trend.
MACD & RSI: Indicators suggest strong buying pressure, with the RSI approaching overbought levels.
Bollinger Bands: The price is near the upper band, signaling continued momentum or potential consolidation.
Performance Overview
7 Days: +103.03%
30 Days: +413.70% This consistent growth highlights USUAL/USDT as a promising choice, especially for risk-tolerant investors.
Trading Insights
Support Zone: $1.1369 - $1.2567
Resistance Level: $1.48+
Strategy: Look for pullbacks to enter positions, with a stop-loss near $1.07 to minimize risks.
Why Trade USUAL/USDT?
High liquidity, strong market support, and a clear uptrend make $USUAL /USDT a compelling option. As a top RWA gainer, it’s well-suited for traders seeking significant returns.
Start trading $USUAL /USDT on Binance today to leverage its upward momentum and capitalize on its potential growth.
Disclaimer: This is not financial advice. Always conduct your research before investing. #BinanceAlphaAlert #BTCNextMove #USUALBullRun #ElSalvadorBTCReserve #Write2Earn
Comrades, if the rate has been lowered, which is good, why has everything then declined? I didn't catch the logic. The crypto has dropped, which is okay; they won't make a reserve with BTC, but why have other markets fallen?
Den Robin
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Bullish
Powell certainly made a harvest, but everything is going as planned, at least I expect growth from now on. If everything goes as it was before the elections, which I said in the last post. I am in a position and in the minus, but I am on the spot and not particularly worried. As for futures, I think you can go long with a stop just below the last rebound, if suddenly the market decides to run for liquidity from those who have already managed to go long. Below are several examples of the pre-election dump and now, you can pay attention that they are very similar, but there you can also see how the market ran for liquidity just below, and then went up. Not financial advice, just my opinion. Always dyor. Good profit to all, colleagues. As they say, the slower you go, the further you will get. Patience and strength to all of us, dear ones❤️ #ALTSEAOSON #Altcoinseason2024 #ETH🔥🔥🔥🔥 #BTC☀️
$USUAL l had 23000 tokens bought in pre-marketing, just sold 13000 of them to cash my initial investment, I will hold 10000 of them as a profit of the good investment.
$USUAL : information I just got from MATRIX. Strong emotions, if you have a heart condition, I recommend keeping Ass. pills in your pocket.
In the early hours of this SATURDAY to SUNDAY, a WHALE 🐋 will make a strong entry, maybe until the end of SUNDAY that's why they're working to hold the price, and try to push it down. the SYSTEM is POWERFUL that's why the ORACLE asked, if the price goes down a little bit, take advantage to mark your position. STAY TUNED.
💥 The Journey of $USUAL: From Early Sellers to Bullish Whales – Here’s What to Expect! 💥
Here’s a detailed breakdown of the expected price action for $USUAL, and it’s a wild ride from start to finish! Buckle up and take notes 📝
🔸 Early Sellers (Phase 1)
Sell Range: $0.78 - $0.82 A large portion of early investors will look to lock in profits here, causing some price turbulence. Smart players might hold a little longer.
Sell Range: $0.88 - $0.92 The next batch of sellers will cash out here. These investors aim to maximize short-term gains, leading to a slight slowdown.
🔸 Main Selling Wave (Phase 2)
Sell Range: $1.00 - $1.30 This is where the majority of investors will offload their positions. Expect a heavy sell wall, but those with patience will be rewarded.
🔸 Bullish Whale Entry (Phase 3) 🐋
Target Price: $2.50 - $3.50 This is the power move. Bullish whales will swoop in, driving the price up rapidly. FOMO will kick in, and those who sold at $0.8-$1.3 will rush back to buy, adding to the momentum.
🔸 Whale Dump (Phase 4) 🛑
Retracement Zone: $1.20 - $1.40 After the explosive pump, whales will take profits, triggering a sharp correction. The hype fades, and $USUAL consolidates for a while as weak hands exit.
🔸 Final Climb (Phase 5) 🚀
Target Price: $5.00 (by January 20th) After the correction, $USUAL stabilizes and gains momentum for a powerful upward move. Patience will be key for those aiming for the big prize.
💡 Pro Tip: Don't get shaken out by the early waves. Smart money waits for the final climb. Time your entries and exits wisely.
📸 Save this post and mark the date: January 20th – $USUAL at $5! Will you be holding or selling along the way? Drop your thoughts in the comments!
Hey guys🙌, You might be confused about how the total supply of $USUAL is 4 billion, yet the supply at listing is 340 million. The explanation is that the 4 billion supply is the maximum supply, and only 340 million will be in circulation initially. The remaining supply will be released gradually over four years, with a portion added each year.
The total supply of Usual is 4 billion, and it will not exceed this limit. That’s the first point.
The second point is that when Usual gets listed, the supply at the time of listing will be 340 million, and it won’t exceed this amount on the listing day.
Lastly, there’s a misunderstanding from Binance’s side that the price reflects the entire 4 billion supply. This is not true, and such an assumption should not be made.
Why this should push price lower? Versa price could get higher if those 11 million will be purchased as well
TOKYO_
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$USUAL careful guys! It might fall again because the total supply hasn't fully accumulated yet! There's still 11 Million available tokens on the market!