The post Chainlink Holds $12 Amid Token Unlocks and Potential Rebound Signals appeared on BitcoinEthereumNews.com.

Chainlink’s non-circulating supply wallet recently unlocked 11.25 million LINK tokens, depositing 9.23 million worth approximately $116 million into Binance, signaling potential selling pressure. Despite this, LINK rebounded from $11.7 to hold near $12.5, supported by buyer activity amid ongoing market volatility. Token Unlock Details: 11.25 million LINK unlocked, with major deposits to Binance in two batches totaling 9.23 million tokens. Price Resilience: LINK traded down 8.78% weekly but stabilized at $12 support after a dip to $11.7, showing buyer intervention. Market Indicators: Exchange netflows surged to 9.1 million LINK before cooling, while buy volume edged out sell volume by 300,000 LINK, per Coinalyze data. Discover how Chainlink’s recent token unlock impacts LINK price amid supply pressures and buyer support. Stay informed on crypto trends and explore investment strategies today. What is the significance of Chainlink’s non-circulating supply wallet unlocking tokens? Chainlink’s non-circulating supply wallet unlocked 11.25 million LINK tokens, marking the first significant movement from this wallet in over two months. This action transferred 9.23 million LINK, valued at around $116 million, to Binance in two batches, while the remaining 2.02 million LINK, worth about $25 million, went to a Chainlink-linked multisig wallet. Such unlocks can introduce additional supply to the market, potentially influencing price dynamics by testing investor sentiment and liquidity levels. How did this token unlock affect Chainlink’s exchange inflows and netflows? The unlock triggered a sharp increase in exchange activity for Chainlink. According to data from CryptoQuant, exchange inflows spiked to 10.2 million LINK, far outpacing outflows of just 1.1 million LINK at the time of the transfers. This imbalance led to netflows surging to approximately 9.1 million LINK, the highest in two months, indicating heightened selling potential from the unlocked supply. However, the initial surge in netflows began to ease shortly after, dropping to around -117,000…

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Filed under: News - @ December 20, 2025 1:29 pm

The post Chainlink Holds $12 Amid Token Unlocks and Potential Rebound Signals appeared on BitcoinEthereumNews.com.

Chainlink’s non-circulating supply wallet recently unlocked 11.25 million LINK tokens, depositing 9.23 million worth approximately $116 million into Binance, signaling potential selling pressure. Despite this, LINK rebounded from $11.7 to hold near $12.5, supported by buyer activity amid ongoing market volatility. Token Unlock Details: 11.25 million LINK unlocked, with major deposits to Binance in two batches totaling 9.23 million tokens. Price Resilience: LINK traded down 8.78% weekly but stabilized at $12 support after a dip to $11.7, showing buyer intervention. Market Indicators: Exchange netflows surged to 9.1 million LINK before cooling, while buy volume edged out sell volume by 300,000 LINK, per Coinalyze data. Discover how Chainlink’s recent token unlock impacts LINK price amid supply pressures and buyer support. Stay informed on crypto trends and explore investment strategies today. What is the significance of Chainlink’s non-circulating supply wallet unlocking tokens? Chainlink’s non-circulating supply wallet unlocked 11.25 million LINK tokens, marking the first significant movement from this wallet in over two months. This action transferred 9.23 million LINK, valued at around $116 million, to Binance in two batches, while the remaining 2.02 million LINK, worth about $25 million, went to a Chainlink-linked multisig wallet. Such unlocks can introduce additional supply to the market, potentially influencing price dynamics by testing investor sentiment and liquidity levels. How did this token unlock affect Chainlink’s exchange inflows and netflows? The unlock triggered a sharp increase in exchange activity for Chainlink. According to data from CryptoQuant, exchange inflows spiked to 10.2 million LINK, far outpacing outflows of just 1.1 million LINK at the time of the transfers. This imbalance led to netflows surging to approximately 9.1 million LINK, the highest in two months, indicating heightened selling potential from the unlocked supply. However, the initial surge in netflows began to ease shortly after, dropping to around -117,000…

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Filed under: News - @ 1:29 pm