The bankrupt lender BlockFi has reportedly transferred a vast amount of Chainlink (LINK) tokens, valued at $46.5 million, to the Kraken exchange.
This transaction, revealed by on-chain analyst EmberCN, has ignited discussions about its potential market impact.
Hong Kong’s financial market witnessed a subdued start for its newly launched spot Bitcoin and Ethereum exchange-traded funds (ETFs), which did not meet initial trading volume expectations.
Bitcoin is starting the week above $65,000 and just 6% away from the all-time high price of $69,044 it set on November 10, 2021.
At the time of writing, the Bitcoin price is $65,037.24.