6-20
Ethereum whale buys 7,000 ETH as exchange supply tightens and price stalls below $1,800
A major Ethereum whale bought 7,000 ETH worth $11.8 million, taking its purchases over the past ten days to 17,800 ETH valued at about $29.76 million. Exchange flow data showed $95.92 million in inflows versus $109.27 million in outflows, resulting in a net outflow of roughly $13.35 million. The sustained withdrawals point to a smaller pool of ETH sitting on exchanges and readily available to sell.
ETH
ETH-2.82%
6-20
6-12
Chainlink holds key support after 98,590 LINK transfer to Coinbase Prime
A U.S. government-linked wallet moved 98,590 LINK (about $768,000) to Coinbase Prime, reviving concerns about possible sell-side distribution even as LINK held support. LINK was trading near $7.78 after bouncing from around $7.34, while Binance positioning stayed long-heavy with a 2.61 long/short ratio and 72.31% of accounts long. Shorts absorbed most liquidation pressure in the latest session, with roughly $57,270 in short liquidations versus about $5,040 for longs.
LINK
LINK-3.62%
6-12