Whale Withdraws 124,856 LINK from Binance: A $2.73 Million Move in the Crypto Market

On August 16th, **COINOTAG News** reported that a significant **whale address** executed a withdrawal of **124,856 LINK tokens** from **Binance**, totaling an impressive **$2.73 million**. This transaction, noted by **Onchain Lens monitoring**, highlights the ongoing movements within the crypto market. In the preceding two months, this particular address has removed a staggering **304,003 LINK** from the exchange, equating to roughly **$6.63 million**. With current valuations, the holder is enjoying an **unrealized profit** estimated at **$1.5 million**. Such activities are indicative of larger trends in **cryptocurrency investments**, as high-net-worth individuals strategically manage their portfolios amidst fluctuating market conditions.

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Source: https://en.coinotag.com/breakingnews/whale-withdraws-124856-link-from-binance-a-2-73-million-move-in-the-crypto-market/