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.