Chainlink: Whale Deposits 984K LINK to Coinbase

Chainlink whale activity intensified as an address deposited 984.55K LINK tokens worth $9.23M to Coinbase two hours ago, signaling potential sell pressure after pulling 2.41M LINK from Binance over the past month.

The same wallet still controls 1.43M LINK valued at $13.43M and sits on roughly $1.42M in unrealized gains, highlighting ongoing crypto whale movements that often precede shifts in LINK price prediction models.

Price action on the 4h chart shows LINK trading at $9.42 inside the Bollinger Bands with upper resistance at $9.75 and lower support at $8.47, while EMA50 at $8.84 and EMA200 at $8.38 act as layered bullish supports beneath a MACD golden cross of 0.22 and neutral RSI at 64.52, suggesting any near-term pullback would likely find confluence at the 50-EMA before continuation.