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CoinGape

CoinGape

Chainlink price continues to see strong selling pressure amid broader market correction

CoinGape
Summary
Nutrition label

63% Informative

Chainlink price drops another 5.7% in the last 24 hours and is currently trading at $ 21.36 .

The Coinglass data shows a 12% drop in the LINK open interest and $3.02 million in liquidations over 24 hours .

Key holders of 1 million to 10 million LINK accumulated 3.58 million tokens worth $76.9 million over three days .

Despite short-term bearish pressure, whale activity suggests confidence in LINK 's long-term prospects.

VR Score

46

Informative language

39

Neutral language

32

Article tone

formal

Language

English

Language complexity

37

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

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