âĄïž This Altcoin Had a Massive Token Unlock â 208 Million Dollars Sent to Binance
According to cryptocurrency onchain data, Chainlink (LINK) recently carried out a massive token unlock.
Data shows that 18.75 million LINK worth $215 million was opened from Chainlink out-of-circulation supply contracts.
18.12 million units of the altcoins in question, worth $208 million, were sent to Binance as soon as the tokens were unlocked.
On the other hand, 625 thousand units worth $ 7.18 million were transferred to the Multisig 0xD50f wallet.
On the other hand, Chainlink has unlocked a total of 145.75 million tokens worth $1.5 billion with the token unlocks it has made every three months since August 2022. Of these, 126 million tokens worth $1.28 billion were sent directly to Binance. The transfers were made at an average price of $10.13.
At the time of writing, LINK is trading at $11.30.
Despite these massive token unlocks and centralized cryptocurrency exchange deposits, the LINK price appears stable and even rises from time to time after these token unlocks.
However, developers still have 372.75 million tokens worth $4.27 billion in 24 different cryptocurrency wallets.
#Link #Chainlink
{spot}(LINKUSDT)
Bitcoin (BTC) Price Dropped Today! il Capo Shared His Latest Thoughts After the Drop.
BTC, which rose above $ 63,500 at midnight, experienced a decline of approximately 1.5% from this region. Although there is no definitive reason for the decline, such movements can occur on weekends, although not always, generally due to lack of liquidity.
On the other hand, il Capo of Crypto, one of the well-known names in the cryptocurrency world, made a statement about the situation. Describing the decline as a "typical Sunday dump", the analyst spoke about the situation from now on. According to il Capo, the $BTC price may go down a little more from now on, but this decline can be considered an opportunity. However, the uncertainty of the BTC price continues.
When the liquidation data is examined, it is seen that there was a liquidation of $ 79 million in the entire cryptocurrency market in the last 24 hours. $ 48 million of these were observed in long positions and $ 30 million in short positions.
#KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto
Popular Crypto Analyst Expects Sharp Increases in Bitcoin (BTC)!
The cryptocurrency sector has been experiencing turbulent days recently. Although there have been increases in the leading cryptocurrency Bitcoin (BTC) and altcoins for a while, it is difficult to say that these increases have fully turned into a bull season.
Cryptocurrency trader, investor and analyst Titan of Crypto recently evaluated the latest situation in Bitcoin. A successful analyst, Titan of Crypto thinks that $BTC will soon experience sudden increases.
According to Titan of Crypto, a "bullish megaphone" formation has formed on the Bitcoin chart. An upward breakout of this formation could allow BTC to reach the $85,000 level.
In his latest report, the popular analyst wrote, "The weekly RSI exit signals an explosive movement for $BTC towards the end of the year." The increases that may occur as a result of this signal could cause significant increases in altcoins along with Bitcoin.
Bitcoin's weekly RSI is currently above 50, breaking the downtrend that has continued since the last all-time high in March.
Will Titan of Crypto, who thinks that crypto assets may move in the coming period, be successful in its latest analysis? It is a matter of curiosityâŠ
#KIP #KIPprotocol #CryptoDeNostradame #ParrotBambooCrypto