Chainlink Sees Massive $224M Inflow as 17.85M LINK Deposited to Binance in 10 Hours

According to on-chain analyst Ai Auntie (@ai_9684xtpa), a significant movement has been observed in the Chainlink ecosystem over the last 10 hours. Five distinct non-circulating supply addresses have transferred a combined total of 17,855,000 LINK tokens to Binance, amounting to approximately $224 million in value. The average deposit price for these transactions was recorded at $12.56 per LINK. This sizable transfer highlights notable liquidity shifts within the Chainlink network, potentially impacting market dynamics. Monitoring such large-scale token movements is crucial for investors aiming to understand underlying trends and the distribution of assets across major exchanges.

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Source: https://en.coinotag.com/breakingnews/chainlink-sees-massive-224m-inflow-as-17-85m-link-deposited-to-binance-in-10-hours/