Chainlink

<ul><li>Chainlink&#39;s noncirculating supply deposits to Binance correlate with LINK price surges, indicating a strategic market influence.</li><li>Notable LINK transactions coincide with price fluctuations, emphasising the impact of large transfers on LINK&#39;s value.</li><li>The latest 8.2 million LINK deposit marks a significant event in LINK&#39;s market presence, contributing to its upward trend.</li></ul><a href="https://cryptotale.org/chainlinks-price-pattern-signals-potential-continuation-suggests-analyst/" rel="noopener noreferrer nofollow">Chainlink&#39;s</a> noncirculating supply wallets have stirred the market in a remarkable pattern. Every three months since August 2022, these wallets have deposited significant LINK amounts to Binance. Lookonchain, a notable analytics platform, highlighted this intriguing trend via a tweet on the X platform. Consequently, the LINK price often rises after these deposits.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/18ed4ab5576d4f5d928b907177665bbc.png" />Significantly, a recent deposit of 8.2 million LINK, valued at approximately $119 million, occurred recently. This pattern precedes a price surge consistently. Moreover, the data suggests a strategic timing for these deposits, often aligning with price bottoms. Hence, these movements signal key <a href="https://cryptotale.org/?s&#61;market" rel="noopener noreferrer nofollow">market</a> shifts.Read full article<a href="https://cryptotale.org/chainlinks-noncirculating-supply-deposits-to-binance-trigger-link-price-surges/" rel="noopener noreferrer nofollow"> at CryptoTale.</a>

Chainlink's Noncirculating Supply Deposits to Binance Trigger LINK Price Surges

CryptoTale

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