# TechnicalAnalysis

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Chainlink (LINK) Price Crashes 7.5%, Another 15% Drop Ahead?
The overall cryptocurrency market appears bearish. Amid this, some investors saw an opportunity and accumulated tokens, while others panicked and sold their holdings.
610,000 LINK Sent to Exchanges
Recently, a prominent crypto expert shared a post on X (formerly Twitter), revealing that crypto whales have moved nearly 610,000 Chainlink (LINK) tokens to exchanges in the past 24 hours, signaling increased selling pressure.
Current Price Momentum
This substantial transfer of LINK tokens led to a notable price drop. At press time, LINK
LINK0,85%
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Hashmi_Sahibavip:
Watching closely.... The market situation is just unpredictable....! DYOR always!
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