based on materials from the site - By Cointribune EN
While the crypto universe is once again swaying under geopolitical upheavals and market whims, a silent player charts its course, rain or shine: Chainlink. In an atmosphere thick with uncertainty, the oracle protocol seems to have awakened a particular appetite among whales, those market creatures that never move without reason.
The cryptocurrency market absorbs over $700 million in liquidations in 24 hours, mainly in long positions.
Despite the storm, whales are active on Chainlink, over $760 million transferred in just a few hours.
Due to geopolitical tensions and uncertainty over Fed rates, investors are fleeing from risk.
The market is bleeding, but whales are swimming.
The last 24 hours have been brutal: from $654 to $701 million liquidated, mainly in long positions, the market once again reminded how ruthless cryptocurrency can be.
Traders did not see the hit, despite Saylor's mysterious message. Nearly 173,000 of them were swept away, carried off by an avalanche that knocked most altcoins off their perches, including Chainlink, with a drop of 6–7%.
But while most panic, some are pushing their parts forward. Whales, those massive wallets that often secretly set the pace, have activated spectacularly on Chainlink. We are talking about a surge of 3373% in transfers exceeding $100,000, reaching a round figure of $762.7 million. A number that cannot be ignored against the backdrop of the cleanup.
Chainlink: quiet accumulation or hidden manipulation?
One transfer was particularly surprising: 1.99 million LINK sent to Binance, about $25 million. But that was just the tip of the iceberg. A total of 17.875 million inactive LINK tokens were unlocked and placed on Binance, amounting to about $149 million. Where did they come from? From non-circulating wallets. In other words: strategic stocks.
It would be naive to consider this a simple coincidence. When an asset is under such pressure, yet simultaneously attracts such activity from major holders, it is quite likely that market intelligence anticipates a reversal or is preparing for a major move. Such mass transfers to exchanges could signal either an imminent sale or a maneuver to deceive retail traders. A staged play, to later buy back at lower prices.
Explosive climate between the Fed and missiles
The source of this widespread panic is not only in the world of cryptocurrencies. U.S. military intervention at Iranian sites has revived the flight-to-safety reflex. This global 'risk-off' sentiment has spread like wildfire across markets, including digital asset markets. The result: liquidations are accelerating.
From a macroeconomic perspective, the Federal Reserve is playing a waiting game. By keeping the key interest rate in the range of 4.25% to 4.5%, it sends mixed signals. A rate cut in July remains on the table, but uncertainty prevails, and markets hate that uncertainty. Especially in cryptocurrency, where volatility thrives in uncertain conditions.
#MarketRebound , #Сryptomarketnews