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breaking news!!! 🚨
🐋 CHAINLINK WHALE dumps $15.52M in LINK, takes $2.7M
wait did a WHALE just dump $15.52M in LINK causing a $2.7M loss for them?? is LINK about to drop
lmfao, whale drama in the Chainlink ocean 🐋📉! Hope y’all bought the dip, ’cause $20.
Main to remember:
🐋 A whale sold 700,000 links worth $15.52 million, incurring a $2.7 million loss due to low market confidence.
📉 Active addresses and transactions have decreased, suggesting low network demand, potentially leading Chainlink to drop to $20.3.
📉 After being rejected at $23.1, ChainLink faced intense downward pressure, with a 3.74% daily drop to $22.1. Whales panicked and began selling at a loss.
🐳 One whale sold 700,000 links for $15.52 million, resulting in a $2.76 million loss, signaling a lack of market confidence and a bearish market trend.
📉 Retail investors and small holders aggressively closed positions, with ChainLink recording negative purchase trends for seven consecutive days. Exchange activities supported this selling trend.
🔻 Chainlink’s demand dropped significantly, with active addresses decreasing and total transactions indicating reduced user activity. A continued drop could indicate lower network demand and potentially lead to further losses for Link.
📉 ChainLink faces increasing selling pressure and reduced network usage, setting the stage for potential losses. Continued bearish dominance may
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