Ethereum

Founder

Altcoin

Chainlink

Amidst the sharp decline in the cryptocurrency market following Donald Trump's announcement of 100% tariffs on China, a notable development occurred on the Chainlink (LINK) side.
Chainlink’s uncirculated supply wallet deposited 18.75 million LINK (approximately $387 million) worth of tokens to Binance after unlocking them today, according to on-chain data. This marked one of the project’s largest token transfers in four months.
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The transfer coincided with a general market decline, with the price of LINK falling by 21.14% in the last 24 hours to $17.59.
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 Chart showing the decline in LINK price.
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Founded in 2017, Chainlink stands out as an industry-standard oracle platform providing data to a large portion of the decentralized finance (DeFi) ecosystem. The project aims to capitalize on trends such as stablecoin adoption, tokenization of real-world assets (RWA), and enterprise blockchain integrations. The LINK token is used to pay for services on the Chainlink network and maintain network security.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/developers-of-an-altcoin-dumped-large-amounts-of-tokens-on-exchanges-during-yesterdays-drop/" rel="noopener noreferrer nofollow">Developers of an Altcoin Dumped Large Amounts of Tokens on Exchanges During Yesterday’s Drop</a>

Developers of an Altcoin Dumped Large Amounts of Tokens on Exchanges During Yesterday’s Drop

Bitcoin Sistemi EN

Other articles published on Oct 11, 2025

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