$15.19 million LINK transfer aligns with channel break – is a decline to $9.60 imminent?

A wallet linked to FlowDesk transferred 1.61 million LINK worth $15.19 million to Binance, drawing trader attention. This may shift market liquidity as traders react to this notable supply adjustment.

LINK’s price stabilizes around $9.19, forming a range between $7.95 support and $9.60 resistance. The Relative Strength Index indicates an upward trend, suggesting improved market conditions.

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