CandleFocus Uniswap And Chainlink Price in Crisis: Big Investors’ Liquidation Signals Potential Market Shift
2024-12-02
Author: Content Editor
Two large whales in the cryptocurrency market have sold significant amounts of Uniswap (UNI) and Chainlink (LINK) tokens, leading to concerns about a potential price depreciation. The whales sold 135,150 UNI tokens and 363,814 LINK tokens, resulting in profits of $1.15 million and $3.06 million, respectively. This activity by the whales indicates a possible market shift and has drawn the attention of other market participants. Despite these sell-offs, UNI and LINK prices have shown some resilience, with UNI trading at $13.01 (up 1.5% over yesterday) and LINK trading at $18.62 (up 0.4% over yesterday). The recent rally in the market, influenced by the US presidential election, has contributed to the increased prices of these cryptocurrencies.
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