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A Massive Cryptocurrency Whale Made a Large Withdrawal of This Altcoin from Binance

source-logo  en.bitcoinsistemi.com 16 August 2025 17:50, UTC
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The high volume of transactions made by whales in the cryptocurrency market is attracting attention.

Two wallets (likely belonging to the same whale) withdrew 327,465 Chainlink ($LINK), or approximately $7.17 million, from Binance after a month of inactivity. The total balance of these wallets is currently 590,056 $LINK ($12.92 million).

Meanwhile, another whale withdrew 124,856 $LINK ($2.73 million) from Binance. Over the past two months, the same wallet has withdrawn a total of 304,003 $LINK ($6.63 million), currently making a profit of approximately $1.5 million.

A newly created wallet transferred 9,006 $ETH, approximately $40.16 million, from Kraken.

Derivatives exchange HyperLiquid also saw activity. A whale opened highly leveraged short positions by depositing 1.59 million $USDC:

  • $ETH 25x,
  • BTC 40x,
  • LEFT 20x.

Another whale deposited 2.4 million $USDC into HyperLiquid, purchasing 49,871 HYPE at an average price of $48.14.

Meanwhile, a wallet linked to the Trump family’s cryptocurrency project, World Liberty Finance, made significant purchases, spending a total of 18.6 million $USDC:

  • $8.6 million for 1,911 $ETH (unit price $4,500),
  • $10 million for 84.5 WBTC (unit price $118,343).

World Liberty Financial currently holds 5 million $USDC in its wallets, with additional purchases expected.

*This is not investment advice.

en.bitcoinsistemi.com