隨著價格下降，鏈條（鏈接）鯨魚減少了持股，但主要利益相關者累積低於20美元

Chainlink（Link）處於重壓下，因為大型持有人在短短48小時內卸載了413萬個令牌。這種突然的鯨魚出埃及記震撼了投資者，每週的價格下跌15％，並引起了對令牌近期前景的擔憂。

Cryptocurrency Chainlink (LINK) has come under immense pressure recently, with large holders offloading a staggering 4.13 million tokens in just 48 hours, according to a report by crypto analyst Ali Martinez. This mass exodus of whales has spooked investors, contributing to a 15% weekly decline in LINK's price and sparking concerns over the token's near-term outlook.

加密分析師阿里·馬丁內斯（Ali Martinez）的一份報告稱，加密貨幣連鎖鏈路（Link）最近受到了巨大的壓力，大型持有人在短短48小時內將驚人的413萬個令牌卸載。鯨魚的大規模出埃及記使投資者嚇到了，導致Link的價格每週下降15％，並引起了令牌近期前景的擔憂。

As reported by Martinez, these whales shifted millions of LINK tokens to exchanges, a move that usually indicates an intent to sell their holdings. When large investors, known as whales, reduce their exposure to an asset, it can signal weaker market sentiment and increase volatility in the token's price.

正如馬丁內斯（Martinez）報導的那樣，這些鯨魚將數百萬個鏈接令牌轉移到了交易所，此舉通常表明意圖出售其股份。當大型投資者（稱為鯨魚）減少對資產的影響時，它會表明市場情緒較弱並增加代幣價格的波動性。

This selloff also coincides with a broader market downturn, fueled by macroeconomic uncertainties, such as trade war fears and impending tariffs, which have battered Bitcoin and altcoins alike.

這種拋售還恰逢宏觀經濟不確定性（例如貿易戰爭的恐懼和即將發生的關稅）損害比特幣和替代幣等宏觀經濟的不確定性，這也與更廣泛的市場低迷相吻合。

Adding to the uncertainty, prominent crypto trader Nebraskangooner points out that LINK is in a consolidation phase, with a break below key support sending prices plummeting to $12.00, while a strong breakout above resistance could trigger a bullish reversal.

著名的加密貨幣交易員內布拉斯加甘甘戈恩（Nebraskangooner）提出，鏈接正處於合併階段，低於關鍵支持的突破使價格下降到12.00美元，而高於阻力的強大突破可能會觸發看漲的反擊。

However, not all whales are fleeing - some are using the opportunity to buy back at lower prices, which could create a potential turning point for LINK's price action.

但是，並非所有鯨魚都在逃離 - 有些人正在利用機會以較低的價格回購，這可能會為Link的價格行動帶來潛在的轉折點。

Despite the heavy selling, data from Santiment reveals a key trend - large stakeholders are actively accumulating LINK below $20. According to the analytics firm, there were 1,659 daily transactions exceeding $100,000, the highest level since 2023.

儘管銷售量很大，但來自Santiment的數據顯示了一個關鍵趨勢 - 大利益相關者正在積極積累低於20美元的鏈接。根據分析公司的數據，每日交易超過100,000美元，是2023年以來的最高水平。

Moreover, the number of active LINK wallets surged to 9,531, a four-week high, indicating that both retail and institutional investors are still engaging with the asset.

此外，為期四周的高度高達9,531的活動鏈接錢包的數量飆升至9,531，這表明零售和機構投資者仍在與資產互動。

This mixed whale behavior suggests a battle between profit-taking sellers and long-term buyers looking for an entry point.

這種混合的鯨魚行為表明，獲取利潤的賣家與尋找入口點的長期買家之間的戰鬥。

Furthermore, on-chain data from Token Terminal supports the bullish argument. LINK's daily active addresses nearly doubled in just three days, surging from 2,900 to 6,300, marking its highest point since December.

此外，來自令牌終端的鍊鍊數據支持看漲的論點。 Link的每日活動地址在短短三天內幾乎翻了一番，從2,900升至6,300，標誌著其自12月以來的最高點。

In addition, LINK's network revenue hit $4,500 on Monday, its strongest single-day performance in over a month.

此外，Link的網絡收入周一達到了4,500美元，這是一個多個月來最強的單日表現。

At the time of writing, LINK is trading around $19.93, reflecting a 3.44% daily decline. The token tested support at $16.91 earlier this week, suggesting a critical price level that could dictate future movements.

在撰寫本文時，Link的交易約為19.93美元，反映了每日下降3.44％。代幣測試的支持本週早些時候為16.91美元，這表明可能決定未來運動的關鍵價格水平。

If buyers step in, LINK could break above $20 and target $21.50. However, if selling pressure continues, it risks dropping back to $16.91, or even $12.00, as predicted by Nebraskangooner.

如果買家介入，Link可能會中斷20美元，目標21.50美元。但是，如果銷售壓力持續，正如內布拉斯加甘甘納（Nebraskangooner）所預測的那樣，它可能會降至16.91美元，甚至12.00美元。