Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert & block trade
Convert crypto with one click and zero fees
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Developers of an Altcoin Dumped Large Amounts of Tokens on Exchanges During Yesterday’s Drop

Developers of an Altcoin Dumped Large Amounts of Tokens on Exchanges During Yesterday’s Drop

CryptoNewsNetCryptoNewsNet2025/10/11 12:03
By:en.bitcoinsistemi.com

Amidst the sharp decline in the cryptocurrency market following Donald Trump's announcement of 100% tariffs on China, a notable development occurred on the Chainlink (LINK) side.

Chainlink’s uncirculated supply wallet deposited 18.75 million LINK (approximately $387 million) worth of tokens to Binance after unlocking them today, according to on-chain data. This marked one of the project’s largest token transfers in four months.

The transfer coincided with a general market decline, with the price of LINK falling by 21.14% in the last 24 hours to $17.59.

Developers of an Altcoin Dumped Large Amounts of Tokens on Exchanges During Yesterday’s Drop image 0
Chart showing the decline in LINK price.

Founded in 2017, Chainlink stands out as an industry-standard oracle platform providing data to a large portion of the decentralized finance (DeFi) ecosystem. The project aims to capitalize on trends such as stablecoin adoption, tokenization of real-world assets (RWA), and enterprise blockchain integrations. The LINK token is used to pay for services on the Chainlink network and maintain network security.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

Ripple Launches $200K Attackathon for XRP Lending

Ripple teams up with Immunefi to host a $200K Attackathon aimed at testing the XRP Ledger’s new lending protocol.Ripple Invests in XRP Ledger SecurityWhat Is the XRP Ledger Lending Protocol?A Strategic Move to Prevent Exploits

Coinomedia2025/10/14 14:21
Ripple Launches $200K Attackathon for XRP Lending

Kazakhstan Backs Crypto Fund, Picks BNB Over Bitcoin

Kazakhstan launches state-backed Alem Crypto Fund and surprises by choosing BNB as its first digital asset.Kazakhstan’s Crypto Move: National Fund Picks BNB FirstWhy BNB Over Bitcoin?The Bigger Picture for Kazakhstan’s Crypto Vision

Coinomedia2025/10/14 14:21
Kazakhstan Backs Crypto Fund, Picks BNB Over Bitcoin

Stellar at $0.05 and Sui Price Levels Maybe Interesting, But BlockDAG’s TGE CodeWrites the Profit Script

Explore Stellar’s resistance, Sui’s momentum, and BlockDAG’s ranked airdrop. See why it’s the best crypto to buy right now for early access rewards.Every Second Counts: Inside BlockDAG’s Ranked AirdropSui (SUI) Market Momentum Builds With DeFi Growth StrengthStellar (XLM) Key Resistance Signal Crucial Turning PointBest Crypto to Buy Right Now

Coinomedia2025/10/14 14:21
Stellar at $0.05 and Sui Price Levels Maybe Interesting, But BlockDAG’s TGE CodeWrites the Profit Script