Large Amounts of Chainlink (LINK) Withdrawn from Exchanges…"Indicating Accumulation"

Source
Son Min

Summary

  • It has been analyzed that over $120 million worth of Chainlink (LINK) has been withdrawn from exchanges over the past month.
  • This movement indicates the possibility of accumulation by whale investors.
  • Chainlink is trading at $13.36 on the Binance USDT market.

An analysis has emerged that a large amount of Chainlink (LINK) has been withdrawn from exchanges over the past month.

On the 22nd (local time), IntoTheBlock stated on X (formerly Twitter) that "over $120 million worth of Chainlink has been withdrawn from exchanges in the last 30 days," indicating "a whale investor's accumulation movement."

As of 6:24 PM, Chainlink is trading at $13.36 on the Binance USDT market, down 1.55% from 24 hours ago.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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