Chainlink rally soon?
This follows a pattern where Chainlink unlocks and transfers about 20 million LINK every three months. Since 2022, around 133.4 million LINK, worth about $1.29 billion, have been unlocked and sent to Binance in similar transactions.'Rich Dad Poor Dad' Author Reveals When Bitcoin Will Hit $1 MillionThe total market cap of LINK has risen to $7,126,165,519. However, in the last 24 hours, the price has dropped 2.68%. At press time, Chainlink is traded at $11.38.
The Global In/Out of the Money indicator reveals that around 106.89 million LINK tokens, valued at over $1.2 billion, were accumulated between $11.61 and $13.24. To sustain its upward momentum, LINK must decisively break through the $13 resistance and establish it as a support level.Dan is a news editor and writer with 12 years of experience in finance and emerging technologies, with a strong focus on crypto.
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