{"id":609843,"date":"2026-06-20T19:00:36","date_gmt":"2026-06-20T23:00:36","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=609843"},"modified":"2026-06-20T07:37:53","modified_gmt":"2026-06-20T11:37:53","slug":"chainlinks-166m-transfer-sparks-debate-on-links-price","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/","title":{"rendered":"Chainlink\u2019s $166M transfer sparks debate on LINK&#8217;s price"},"content":{"rendered":"<p>Chainlink [LINK] has traded within a strong downtrend. Since the uptrend collapsed at $8.5, the altcoin has been closing at lower lows, reaching a low of $7.7.<\/p>\n<p>As of this writing, Chainlink traded at $7.9, up 1.4% on the daily charts. Despite the extended market weakness, the Chainlink team unlocked its quarterly unlocks, capturing market attention.<\/p>\n<h2>Chainlink moves $166 million worth of LINK<\/h2>\n<p><span style=\"font-weight: 400;\">On the 20th of June, Chainlink\u2019s quarterly unlock occurred, and 21 million LINK worth $166 million were transferred from non-circulating supply addresses.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After the unlock, these addresses deposited 18.375 million LINK, worth $144.93 million, into Binance, according to Arkham. <\/span><span style=\"font-weight: 400;\">Typically, Chainlink\u2019s unlocked tokens are released as part of the project\u2019s token distribution schedule.\u00a0<\/span><\/p>\n<figure id=\"attachment_609918\" aria-describedby=\"caption-attachment-609918\" style=\"width: 938px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/unlocked-LINK.jpg\"><img decoding=\"async\" class=\"size-full wp-image-609918\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/unlocked-LINK.jpg\" alt=\"Unlocked LINK\" width=\"938\" height=\"603\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/unlocked-LINK.jpg 938w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/unlocked-LINK-300x193.jpg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/unlocked-LINK-768x494.jpg 768w\" sizes=\"(max-width: 938px) 100vw, 938px\" \/><\/a><figcaption id=\"caption-attachment-609918\" class=\"wp-caption-text\">Source: <a href=\"https:\/\/x.com\/OnchainLens\/status\/2068119896203092338\" target=\"_blank\" rel=\"noopener\">Arkham<\/a><\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">These tokens are moved for three major reasons. Firstly, the unlocked tokens are transferred to exchanges to provide liquidity.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Secondly, the project sells a portion to fund operations and other activities. Finally, tokens may be transferred to reward operators and support staking programs.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In fact, of the remaining tokens, 2.62 million LINK, worth $20 million, were transferred to a multisig wallet. These funds are used to distribute rewards to LINK staking users. <\/span><\/p>\n<p>It&#8217;s worth noting that these tokens were neither sold nor issued as inflation; however, such transfers attract market attention.<\/p>\n<figure id=\"attachment_609914\" aria-describedby=\"caption-attachment-609914\" style=\"width: 2560px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-scaled.png\"><img decoding=\"async\" class=\"size-full wp-image-609914\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-scaled.png\" alt=\"Chainlink exchange netflow\" width=\"2560\" height=\"1440\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-scaled.png 2560w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-300x169.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-1024x576.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-768x432.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-1536x864.png 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-2048x1152.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-1600x900.png 1600w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-1280x720.png 1280w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-960x540.png 960w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-640x360.png 640w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-320x180.png 320w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-160x90.png 160w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Chainlink-Exchange-Netflow-Total-All-Exchanges-1-1200x675.png 1200w\" sizes=\"(max-width: 2560px) 100vw, 2560px\" \/><\/a><figcaption id=\"caption-attachment-609914\" class=\"wp-caption-text\">Source: CryptoQuant<\/figcaption><\/figure>\n<p>Despite that, exchange activity also recorded these transfers. According to CryptoQuant data, Exchange Netflow jumped to 10.3 million.<\/p>\n<p>A jump in NetFlow implied that more LINK entered exchanges. Many market participants perceive such a surge as bearish.<\/p>\n<h2>Why is LINK struggling<\/h2>\n<p>Although Unlocks transfers impact on the market remains neutral, <a href=\"https:\/\/ambcrypto.com\/predictions\/chainlink-price-prediction\/\">LINK<\/a>\u00a0continues to struggle on its price charts. Among many other reasons, especially broader weakness in crypto, it seems demand for Spot ETFs has completely dried up.<\/p>\n<figure id=\"attachment_609910\" aria-describedby=\"caption-attachment-609910\" style=\"width: 1600px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/chainlink-spot-etfs.jpeg\"><img decoding=\"async\" class=\"size-full wp-image-609910\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/chainlink-spot-etfs.jpeg\" alt=\"Chainlink spot etfs \" width=\"1600\" height=\"386\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/chainlink-spot-etfs.jpeg 1600w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/chainlink-spot-etfs-300x72.jpeg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/chainlink-spot-etfs-1024x247.jpeg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/chainlink-spot-etfs-768x185.jpeg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/chainlink-spot-etfs-1536x371.jpeg 1536w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/chainlink-spot-etfs-1200x290.jpeg 1200w\" sizes=\"(max-width: 1600px) 100vw, 1600px\" \/><\/a><figcaption id=\"caption-attachment-609910\" class=\"wp-caption-text\">Source: SosoValue<\/figcaption><\/figure>\n<p>Sosovalue data showed that LINK Spot Net Inflows have remained zero for nine consecutive days. Zero inflows suggest weak demand from institutional investors.<\/p>\n<p>The weakened demand has further strengthened market momentum. In fact, the Momentum Shift indicator has remained negative for two consecutive weeks.<\/p>\n<figure id=\"attachment_609912\" aria-describedby=\"caption-attachment-609912\" style=\"width: 1379px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/link-macd.jpeg\"><img decoding=\"async\" class=\"size-full wp-image-609912\" src=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/link-macd.jpeg\" alt=\"Chainlink MACD\" width=\"1379\" height=\"653\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/link-macd.jpeg 1379w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/link-macd-300x142.jpeg 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/link-macd-1024x485.jpeg 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/link-macd-768x364.jpeg 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/link-macd-1200x568.jpeg 1200w\" sizes=\"(max-width: 1379px) 100vw, 1379px\" \/><\/a><figcaption id=\"caption-attachment-609912\" class=\"wp-caption-text\">Source: TradingView<\/figcaption><\/figure>\n<p>A prolonged stay within the negative zone suggests that the downward momentum is relatively strong. At the same time, Chainlink has remained below the MACD SMA, further validating this bearishness.<\/p>\n<p>Taken together, these indicators point to extended market weakness. If the demand remains weak, the altcoin could drop to $7.4.<\/p>\n<p>For a significant trend reversal, especially in the short term, the altcoin needs to flip $8 and close above $8.3.<\/p>\n<hr \/>\n<h2>Final Summary<\/h2>\n<ul>\n<li><em>Chainlink unlocked 21 million LINK worth $166 million and deposited 18.375 million LINK, worth $144.93 million, into Binance. <\/em><\/li>\n<li><em>LINK is experiencing a strong downtrend as demand from institutional investors dried up.\u00a0<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>A $166M LINK transfer has traders weighing whether the move signals accumulation or looming sell pressure.<\/p>\n","protected":false},"author":94,"featured_media":609924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,4,20],"tags":[],"class_list":["post-609843","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Chainlink\u2019s $166M transfer sparks debate on LINK&#039;s price - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Chainlink unlocked 21 million LINK worth $166 million and deposited 18.375 million LINK, worth $144.93 million, into Binance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-image-preview:large\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chainlink\u2019s $166M transfer sparks debate on LINK&#039;s price - AMBCrypto\" \/>\n<meta property=\"og:description\" content=\"A $166M LINK transfer has traders weighing whether the move signals accumulation or looming sell pressure.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-20T23:00:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Gladys-37-e1781952046775.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1600\" \/>\n\t<meta property=\"og:image:height\" content=\"900\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gladys Makena\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gladys Makena\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"ReportageNewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/chainlinks-166m-transfer-sparks-debate-on-links-price\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/chainlinks-166m-transfer-sparks-debate-on-links-price\\\/\"},\"author\":{\"name\":\"Gladys Makena\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/3b25532640bb0899f08b34fe3d4235da\"},\"headline\":\"Chainlink\u2019s $166M transfer sparks debate on LINK&#8217;s price\",\"datePublished\":\"2026-06-20T23:00:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/chainlinks-166m-transfer-sparks-debate-on-links-price\\\/\"},\"wordCount\":462,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/chainlinks-166m-transfer-sparks-debate-on-links-price\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/Gladys-37-e1781952046775.jpg\",\"articleSection\":[\"Altcoin\",\"News\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/chainlinks-166m-transfer-sparks-debate-on-links-price\\\/#respond\"]}],\"copyrightYear\":\"2026\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/chainlinks-166m-transfer-sparks-debate-on-links-price\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/chainlinks-166m-transfer-sparks-debate-on-links-price\\\/\",\"name\":\"Chainlink\u2019s $166M transfer sparks debate on LINK's price - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/chainlinks-166m-transfer-sparks-debate-on-links-price\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/chainlinks-166m-transfer-sparks-debate-on-links-price\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/Gladys-37-e1781952046775.jpg\",\"datePublished\":\"2026-06-20T23:00:36+00:00\",\"description\":\"Chainlink unlocked 21 million LINK worth $166 million and deposited 18.375 million LINK, worth $144.93 million, into Binance.\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/chainlinks-166m-transfer-sparks-debate-on-links-price\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/chainlinks-166m-transfer-sparks-debate-on-links-price\\\/#primaryimage\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/Gladys-37-e1781952046775.jpg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/Gladys-37-e1781952046775.jpg\",\"width\":1600,\"height\":900,\"caption\":\"Chainlink\u2019s $166M transfer sparks debate on LINK's price\"},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"name\":\"AMBCrypto\",\"description\":\"Stay Ahead!\",\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"alternateName\":\"AMBCrypto News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/ambcrypto.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\",\"name\":\"AMBCrypto\",\"alternateName\":\"AMBCrypto News\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2026\\\/04\\\/amb-wide.jpg\",\"width\":600,\"height\":60,\"caption\":\"AMBCrypto\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/cryptoamb\",\"https:\\\/\\\/x.com\\\/CryptoAmb\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/13629485\\\/\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/3b25532640bb0899f08b34fe3d4235da\",\"name\":\"Gladys Makena\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/at-02.05.08-e1718428356778-100x100.jpeg\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/at-02.05.08-e1718428356778-100x100.jpeg\",\"contentUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2024\\\/06\\\/at-02.05.08-e1718428356778-100x100.jpeg\",\"caption\":\"Gladys Makena\"},\"description\":\"Gladys Makena is a Cryptocurrency and Financial Analyst at AMBCrypto with four years of market analysis experience. Her quantitative expertise is supported by a strong background in Finance, providing a solid foundation for a data-driven approach. At AMBCrypto, Gladys is committed to providing the community with timely and insightful news, reports and technical analysis.\",\"sameAs\":[\"https:\\\/\\\/ke.linkedin.com\\\/in\\\/gladys-makena-2b10662b2\"],\"url\":\"https:\\\/\\\/ambcrypto.com\\\/author\\\/gladys-makena\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Chainlink\u2019s $166M transfer sparks debate on LINK's price - AMBCrypto","description":"Chainlink unlocked 21 million LINK worth $166 million and deposited 18.375 million LINK, worth $144.93 million, into Binance.","robots":{"index":"index","follow":"follow","max-image-preview":"max-image-preview:large"},"canonical":"https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/","og_locale":"en_US","og_type":"article","og_title":"Chainlink\u2019s $166M transfer sparks debate on LINK's price - AMBCrypto","og_description":"A $166M LINK transfer has traders weighing whether the move signals accumulation or looming sell pressure.","og_url":"https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/","og_site_name":"AMBCrypto","article_publisher":"https:\/\/www.facebook.com\/cryptoamb","article_published_time":"2026-06-20T23:00:36+00:00","og_image":[{"width":1600,"height":900,"url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Gladys-37-e1781952046775.jpg","type":"image\/jpeg"}],"author":"Gladys Makena","twitter_card":"summary_large_image","twitter_creator":"@CryptoAmb","twitter_site":"@CryptoAmb","twitter_misc":{"Written by":"Gladys Makena","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"ReportageNewsArticle","@id":"https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/#article","isPartOf":{"@id":"https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/"},"author":{"name":"Gladys Makena","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/3b25532640bb0899f08b34fe3d4235da"},"headline":"Chainlink\u2019s $166M transfer sparks debate on LINK&#8217;s price","datePublished":"2026-06-20T23:00:36+00:00","mainEntityOfPage":{"@id":"https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/"},"wordCount":462,"commentCount":0,"publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"image":{"@id":"https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Gladys-37-e1781952046775.jpg","articleSection":["Altcoin","News","Social","Trading View"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/#respond"]}],"copyrightYear":"2026","copyrightHolder":{"@id":"https:\/\/ambcrypto.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/","url":"https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/","name":"Chainlink\u2019s $166M transfer sparks debate on LINK's price - AMBCrypto","isPartOf":{"@id":"https:\/\/ambcrypto.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/#primaryimage"},"image":{"@id":"https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/#primaryimage"},"thumbnailUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Gladys-37-e1781952046775.jpg","datePublished":"2026-06-20T23:00:36+00:00","description":"Chainlink unlocked 21 million LINK worth $166 million and deposited 18.375 million LINK, worth $144.93 million, into Binance.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/chainlinks-166m-transfer-sparks-debate-on-links-price\/#primaryimage","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Gladys-37-e1781952046775.jpg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/06\/Gladys-37-e1781952046775.jpg","width":1600,"height":900,"caption":"Chainlink\u2019s $166M transfer sparks debate on LINK's price"},{"@type":"WebSite","@id":"https:\/\/ambcrypto.com\/#website","url":"https:\/\/ambcrypto.com\/","name":"AMBCrypto","description":"Stay Ahead!","publisher":{"@id":"https:\/\/ambcrypto.com\/#organization"},"alternateName":"AMBCrypto News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ambcrypto.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ambcrypto.com\/#organization","name":"AMBCrypto","alternateName":"AMBCrypto News","url":"https:\/\/ambcrypto.com\/","logo":{"@type":"ImageObject","@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2026\/04\/amb-wide.jpg","width":600,"height":60,"caption":"AMBCrypto"},"image":{"@id":"https:\/\/ambcrypto.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/cryptoamb","https:\/\/x.com\/CryptoAmb","https:\/\/www.linkedin.com\/company\/13629485\/"]},{"@type":"Person","@id":"https:\/\/ambcrypto.com\/#\/schema\/person\/3b25532640bb0899f08b34fe3d4235da","name":"Gladys Makena","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/at-02.05.08-e1718428356778-100x100.jpeg","url":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/at-02.05.08-e1718428356778-100x100.jpeg","contentUrl":"https:\/\/ambcrypto.com\/wp-content\/uploads\/2024\/06\/at-02.05.08-e1718428356778-100x100.jpeg","caption":"Gladys Makena"},"description":"Gladys Makena is a Cryptocurrency and Financial Analyst at AMBCrypto with four years of market analysis experience. Her quantitative expertise is supported by a strong background in Finance, providing a solid foundation for a data-driven approach. At AMBCrypto, Gladys is committed to providing the community with timely and insightful news, reports and technical analysis.","sameAs":["https:\/\/ke.linkedin.com\/in\/gladys-makena-2b10662b2"],"url":"https:\/\/ambcrypto.com\/author\/gladys-makena\/"}]}},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/609843","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/users\/94"}],"replies":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/comments?post=609843"}],"version-history":[{"count":0,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/posts\/609843\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media\/609924"}],"wp:attachment":[{"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/media?parent=609843"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/categories?post=609843"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ambcrypto.com\/wp-json\/wp\/v2\/tags?post=609843"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}