Chainlink: 290K LINK Shifted to Gnosis Safe

Chainlink investor shifted 289.76K LINK tokens valued at $2.74M into a Gnosis Safe multisig wallet two hours ago after accumulating the position from Binance over the past month, per on-chain data from address 0x988c5B821629A56ac6D28256Bf19DCd48FFf1cfc.

Price action on the 4h chart sits at $9.42 above the EMA50 support at $8.95 and EMA200 at $8.44, confirming the broader bullish trend structure, while neutral RSI at 60.55 leaves room for continuation even as the MACD death cross at 0.19 warns of near-term momentum loss and the upper Bollinger Band at $9.82 caps immediate upside. Traders tracking LINK price prediction models note this self-custody move aligns with historical accumulation patterns that often precede volatility spikes, especially amid growing AI industry impact on oracle demand and any potential crypto market crash rotation into Bitcoin.