In 48 hours, $8.19 million worth of LINK has escaped! What storm is brewing with whales positioning?
On December 22, news broke that on-chain monitoring revealed that in the past 48 hours, 9 newly created wallets withdrew 362,380 LINK from Binance, worth approximately $8.19 million. This series of fund movements has attracted significant market attention—Is it a long-term positioning, or is there something bigger happening behind the scenes?
The sudden activity of whale wallets usually signals that the market may be facing significant changes. As a core asset in the DeFi and cross-chain oracle space, is there some positive factor hidden behind the large-scale transfer of LINK? Or is this wave of whale activity merely to avoid exchange risks and prepare for long-term holding?
Interestingly, these LINK tokens have not shown any significant movement since withdrawal, indicating an attitude of “holding coins is king”—On-chain data tells us that these large holders are evidently very confident.
What kind of volatility will the future of LINK experience due to the entry of these whales?
The market is always changing rapidly, but whale movements cannot be ignored.
Are you optimistic about this wave of LINK's long-term market? Follow Jiang Ge to stay updated with the latest on-chain dynamics!