Crypto whales recently transferred a total of $1.3 billion in USD Coin (USDC) to the major exchange platform, Coinbase. Market analysts are viewing these transfers as a potential giant buy signal.
This massive influx of funds occurred in synchronized transactions from five different addresses.
Chainlink (LINK) is currently facing bearish woes and could react to them by noting a price drop. This is essential for the altcoin to initiate a recovery that could help gain the losses noted recently.