Chainlink: Whale Sends 198300 LINK to Coinbase

Chainlink whale sells 198,300 LINK after purchasing the tokens for $2.3 million from Cumberland and routing them to Coinbase in a move that points to imminent distribution. The address 0x233aBCb1375D9cEdD8530555b8a342e73EDA72b9 executed the transfer on August 22, 2026, adding to recent on-chain activity that traders monitor for whale transaction impact. At the current LINK price of $11.59 the 4h chart maintains a bullish trend structure with price holding above the EMA50 support at $10.38 and the EMA200 at $9.1, yet the MACD death cross at 0.51 warns of fading momentum while RSI at 63.0 stays neutral inside the Bollinger bands, suggesting a potential pullback from upper resistance at $12.44 before continuation in any LINK price prediction model or broader crypto market analysis.