Today’s Most Notable Altcoin: Significant Whale Activity, Price Surge

Chainlink (LINK) whales have been making notable transactions in recent days. Large withdrawals, particularly from large wallets, are being interpreted as signals of accumulation in the market.

Wallet address “0x4eb” withdrew a total of 721,294 LINK (approximately $17.44 million) from Binance over the past two days. Similarly, a whale named “0xa36” withdrew 169,615 LINK (approximately $4.16 million). This wallet has accumulated a total of 275,002 LINK (approximately $6.65 million) over the past month.

In the last 24 hours, four different whales withdrew a total of 404,800 LINK (approximately $9.82 million) from Binance:

  • 0x99b: 102,250 LINK (~$2.47 million) – Total 273,000 LINK (~$6.6 million)
  • 0x4a8: 43,133 LINK (~$1.04 million) – Total 312,000 LINK (~$7.7 million)
  • 0xa36: 169,600 LINK (~$4.14 million) – Total 275,000 LINK (~$7.7 million)
  • 0x4eb: 89,900 LINK (~$2.17 million) – Total 721.3k LINK (~$17.44 million)

At the time of writing, Chainlink (LINK) has gained the most value among the top 100 cryptocurrencies, with its price increasing by 18% in the last 24 hours.

Chart showing the recent rise in LINK price.

*This is not investment advice.

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Source: https://en.bitcoinsistemi.com/todays-most-notable-altcoin-significant-whale-activity-price-surge/