Whale withdraws $3.42 million LINK in 2 days. What does this position mean?

2026-01-14 05:20:10

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【ChainNews】On-chain data shows that a large holder recently transferred out another 139,950 LINK from Binance, worth approximately $1.96 million. This guy’s activity is quite frequent—within just two days, a total of 342,557 LINK has been withdrawn from exchanges, totaling $4.81 million.

There are generally two possible reasons for such large withdrawals: either they intend to hold long-term, transferring from the exchange to a cold wallet for “settling”; or they are participating in certain ecosystem projects or DeFi activities. Regardless of the reason, whale movements like these always attract market attention—after all, a large holder’s position strategy often reflects their confidence in a particular token. As a leading project in the oracle sector, the ongoing net inflow of LINK is worth paying attention to.

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