GSR: $8.25M LINK Sent to Binance

GSR moved another 303.01K LINK ($4.29M) to Binance from a Gnosis Safe, following a 275K LINK ($3.96M) transfer two days earlier for a combined $8.25M in recent sales.

Market makers like GSR have executed similar GSR market maker LINK token sales history patterns over the past year, often coinciding with Chainlink oracle network large exchange inflows impact that pressure short-term liquidity. Traders tracking LINK price prediction models now watch whether these flows accelerate downside or get absorbed by DeFi demand.

Price sits at $14.08 inside the Bollinger Band with upper resistance at $14.44 and lower support at $13.69 while EMA50 at $14.07 acts as immediate floor and EMA200 at $12.94 anchors the broader bullish structure; the MACD golden cross supports continuation yet neutral RSI at 47.54 suggests a brief consolidation toward the 50-EMA before any sustained move higher.