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LINK shows a large abnormal movement! $21.65 million flowed into exchanges, is the trend about to change?
Among Chainlink's non-circulating supply, three key addresses have transferred a total of approximately 2.5 million LINK to exchanges in the past 4 hours, worth about $21.65 million.
Generally speaking, large inflows of funds into exchanges indicate potential selling pressure approaching the market. Such actions are often preparations by major players for the next move, whether to realize profits or to reallocate.
Points to consider:
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LINK Unlocking and Deployment: Some are selling, some are strategizing… Chainlink has just completed a new round of token unlocking: approximately 19 million LINK (about $165 million) flowed out to non-circulating addresses. Among them: about 14.37 million entered exchanges, and about 4.62 million went to multi-signature addresses (used for staking rewards). These operations tend to follow a pattern — they happen quarterly, mostly flowing to exchanges, with a smaller portion allocated for ecosystem distribution. But the key has never been “unlocking,” but rather how the funds are used moving f
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