Whale Alert: 35 New LINK Wallets Withdraw Millions From Binance
Key Points:
- Approximately 35 new LINK wallets have withdrawn 755,687 $LINK ($5.08M) from Binance.
- The question arises if whales are accumulating $LINK or if it’s related to a recent 15.7M $LINK deposit.
- Lookonchain reports on the consistent depositing of $LINK by the Chainlink Noncirculating Supply wallet.
Approx. 35 new LINK wallets withdrew 755,687 $LINK ($5.08M) from Binance. Are whales accumulating? Is it related to a recent 15.7M $LINK deposit? Lookonchain reports.
It is reported that approximately 35 newly created wallets, which appeared just three days ago, have started withdrawing significant amounts of $LINK from Binance. So far, they have withdrawn a total of 755,687 $LINK, equivalent to $5.08 million.
This raises the question: Are whales accumulating $LINK? Alternatively, could this be related to the deposit made by the Chainlink Noncirculating Supply wallet three days ago, which amounted to 15.7 million $LINK, equivalent to $97.5 million?
On September 19, Lookonchain reported the deposit made by the Chainlink Noncirculating Supply wallet into Binance. Interestingly, this wallet has been consistently depositing $LINK to Binance every three months since August 26, 2022, and has accumulated a total of 71.8 million $LINK, equivalent to $446 million.
On September 16, CoinCu also reported that Chainlink executed a significant transfer of 10 million LINK tokens to Binance, valued at $62.4 million in a transaction.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Author
Analysis
Whale Alert: 35 New LINK Wallets Withdraw Millions From Binance
Key Points:
- Approximately 35 new LINK wallets have withdrawn 755,687 $LINK ($5.08M) from Binance.
- The question arises if whales are accumulating $LINK or if it’s related to a recent 15.7M $LINK deposit.
- Lookonchain reports on the consistent depositing of $LINK by the Chainlink Noncirculating Supply wallet.
Approx. 35 new LINK wallets withdrew 755,687 $LINK ($5.08M) from Binance. Are whales accumulating? Is it related to a recent 15.7M $LINK deposit? Lookonchain reports.
It is reported that approximately 35 newly created wallets, which appeared just three days ago, have started withdrawing significant amounts of $LINK from Binance. So far, they have withdrawn a total of 755,687 $LINK, equivalent to $5.08 million.
This raises the question: Are whales accumulating $LINK? Alternatively, could this be related to the deposit made by the Chainlink Noncirculating Supply wallet three days ago, which amounted to 15.7 million $LINK, equivalent to $97.5 million?
On September 19, Lookonchain reported the deposit made by the Chainlink Noncirculating Supply wallet into Binance. Interestingly, this wallet has been consistently depositing $LINK to Binance every three months since August 26, 2022, and has accumulated a total of 71.8 million $LINK, equivalent to $446 million.
On September 16, CoinCu also reported that Chainlink executed a significant transfer of 10 million LINK tokens to Binance, valued at $62.4 million in a transaction.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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