Chainlink: Wallet Withdraws 198K LINK From Binance

Chainlink recorded a fresh wallet withdrawing 198.1K LINK (~$1.65M) from Binance after receiving gas funding 56 days earlier at address 0xb132b09f10cb77e6d787481b345a023eade8e3c6, according to @OnchainLens and @nansen_ai on-chain data. The move arrives as traders weigh LINK price prediction scenarios tied to broader crypto market crash risks and AI industry impact on oracle demand.

Price sits at $8.35 inside Bollinger Bands with upper resistance at $8.77, while RSI(14) at 40.22 holds neutral and MACD registers a bearish death cross; this setup points to a likely retracement toward EMA50 resistance-turned-support at $8.43 before any sustained move, with lower band support at $8.27 capping downside in the near term.