An anonymous whale has deposited $4.99 million worth of LINK to Kraken, according to on-chain analyst ai_9684xtpa via X. This whale has been accumulating 210K LINK in multiple deposits (buys) on Kraken since February 2023. Notably, they haven't sold any LINK throughout this period. This recent deposit could signify the whale exiting their entire LINK stack after holding it for two years. However, it's important to note that whales' actions can be difficult to interpret and their intentions may not always be clear. Further analysis of the whale's behavior and market conditions is necessary to determine the potential implications of this move.