According to COINOTAG News, citing Onchainlens data on December 21, a high‑net‑worth address withdrew 246,259 LINK from Binance, a move valued at roughly $3.08 million. This on‑chain withdrawal underscores ongoing high‑velocity transfers among whales in the LINK market.
Moreover, the same address now holds a total of 445,775 LINK, worth roughly $5.57 million, underscoring a material accumulation pattern observed in on‑chain data.
While individual moves can be routine liquidity management, these sequences may influence near‑term market depth and exchange flows. Investors should track follow‑on LINK transfers and any price action to gauge potential implications for the crypto market.