Chainlink: Whale Buys 1.58M LINK From Binance

Chainlink saw another large wallet absorb 1.58M LINK tokens valued at roughly $13.3M through repeated Binance withdrawals over the past week, with the address 0xF5B007a6341AcC8CfEC581d8A1c5560bC19d9650 now holding the full position. At the current LINK price of $8.4 the accumulation reflects steady institutional-style buying amid neutral momentum. On the 4h chart price sits just below the EMA50 at $8.42 while the EMA200 at $8.13 continues to act as longer-term support; the MACD death cross at -0.04 keeps the broader structure bearish yet RSI at 46.02 shows no oversold pressure, and with price still inside the Bollinger Bands between $8.24 support and $8.65 resistance a measured pullback toward the 50-EMA remains the highest-probability path before any sustained move higher. Traders tracking LINK price prediction models and monitoring crypto market crash scenarios will watch whether this whale flow offsets broader risk-off flows, while any spillover from AI industry impact on oracle demand could add further support.