Whale investor withdraws 5.5 million Chainlink in the past 24 hours

Source
Son Min

Summary

  • It said that 5.5 million Chainlink (LINK) were withdrawn from exchanges in the past 24 hours.
  • This is approximately $120,010,000 (KRW 167.5 billion) based on the current Chainlink price.
  • The analyst said that the more withdrawals from exchanges, the higher the likelihood of the coin's price rising.

It was reported that 5.5 million Chainlink (LINK) were withdrawn from exchanges in the past 24 hours.

On the 23rd (local time), virtual asset (cryptocurrency) analyst Ali Martinez said on X (formerly Twitter), "Over the past 24 hours, more than 5.5 million Chainlink have left crypto exchanges." This amounts to approximately $120,010,000 (KRW 167.5 billion) based on the current Chainlink price.

Generally, the more of a particular coin that is withdrawn from crypto exchanges, the higher the likelihood that the coin will rise in price.

As of 5:20 PM, Chainlink on the Binance USDT market is trading at $21.83, up 2.06% 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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