Chainlink’s Biggest Holders Are Quietly Repositioning – Binance Data Reveals Why
Chainlink is trading below $10 as the market faces a critical test around support levels that have held through weeks of sideways price action without delivering the breakout bulls have been waiting for. The price is under pressure — but top analyst Darkfost has identified a signal in the exchange flow data that suggests the […]
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New research from Glassnode indicates the top 1% of Chainlink holders control nearly 81% of the token’s supply. According to crypto market data aggregator Glassnode, Chainlink’s (LINK) token distribution is at record levels of centralization — with more than 80% of LINK not held on exchanges currently residing in the top 1% of Chainlink wallets. Glassnode’s research found that 81% of LINK not held on crypto exchanges of smart contracts is currently stashed away in 125 wallets, with the number of tokens held by Chainlink’s whales steadily increasing over the past two years.When including....
Data shows the XRP Open Interest on cryptocurrency exchange Binance has seen a significant drop recently, a sign traders are repositioning. XRP Binance Open Interest Has Dropped To $1.1 Billion As pointed out by an analyst in a CryptoQuant Quicktake post, XRP traders on Binance have closed off futures market positions recently. The indicator of […]
XRP may be showing one of the cleaner accumulation signals in an otherwise weak altcoin market, according to CryptoQuant analyst Darkfost, who pointed to a pickup in Binance outflow transactions as the token continues to trade inside a narrow multi-month range. XRP Flashes This Bullish Signal The setup matters because XRP has held between roughly $1.30 and $1.50 for several months even as broader market conditions have remained difficult, particularly for altcoins. In Darkfost’s reading, that sideways stretch is not just stagnation. It may also be a period in which buyers are quietly....
XRP is trading above $1.41 as the market enters what feels like a decisive phase — a consolidation that has been building long enough that the next directional move is increasingly difficult to delay. The price is constructive, and an Arab Chain report tracking whale behavior on Binance has just identified a shift in large holder activity that adds a specific structural dimension to the current setup. Related Reading: Retail Capitulation Hits AAVE, But Smart Money Starts Positioning: Here The Post-Crisis Market Structure The report begins with the March picture, which serves as the....
Ethereum has reclaimed the $3,150 level after a volatile Sunday session that left traders divided on what comes next. Some analysts warn that ETH’s recent bounce is nothing more than a temporary pause before the downtrend resumes, while others see signs of a potential bullish reversal forming at current levels. Related Reading: Bitcoin Must Break $97K To Restore Confidence Among Youngest Long-Term Holders – Details Fresh data from Binance reveals that Ethereum is now entering a delicate phase. Price momentum has clearly weakened, yet open interest remains relatively high despite the....