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Home»ALTCOIN NEWS»Crypto Whale Holding $158,180,000 Worth of Chainlink Starts Sending LINK to Binance: Lookonchain
ALTCOIN NEWS

Crypto Whale Holding $158,180,000 Worth of Chainlink Starts Sending LINK to Binance: Lookonchain

By Crypto FlexsNovember 30, 20232 Mins Read
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Crypto Whale Holding 8,180,000 Worth of Chainlink Starts Sending LINK to Binance: Lookonchain
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The cryptocurrency whale, which has amassed massive amounts of Chainlink (LINK) over the past two months, is now making another big move, on-chain data shows.

According to blockchain tracking service Lookonchain, the deep-pocketed investor held a massive holding of 11 million LINK using 81 different wallets.

Now the whale is just moving 1.92 million LINKs on leading cryptocurrency exchange Binance.

“Whale, which accumulated approximately 11 million LINK ($80.32 million) across 81 wallets in September and October, began depositing LINK to Binance on November 22.

The whale deposited 1.92 million LINK ($27.8 million) on Binance and will earn approximately $14 million after the sale.”

Source: Lookonchain/X

Chainlink, a leading blockchain oracle provider, is trading at $14.38 at the time of this writing, up 1.5% over the past seven days. The value of assets held by whales at the current LINK value, including Binance deposits, has increased to approximately $158.1 million after purchasing approximately $80 million.

Next is Lookonchain announcement Another cryptocurrency whale amassed huge amounts of Ethereum (ETH) earlier this month when the major smart contract platform was trading in the $1,800 range, and now that ETH is trading above the $2,000 level, traders are selling even more. I did.

“One whale dumped 3,150 ETH ($6.37 million) on Thursday at an average price of ~$2,023, making ~$546,000. Whales bought 2,762 ETH ($5.04 million) at an average price of $1,825 on November 2.”

video
Source: Lookonchain/X

Ethereum is trading at $2,036 at the time of writing and has fallen slightly over the past 24 hours.

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Disclaimer: Opinions expressed on The Daily Hodl do not constitute investment advice. Investors should do their due diligence before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets. Please note that your transfers and transactions are entirely at your own risk and that you are responsible for any losses that may occur. The Daily Hodl does not recommend the purchase or sale of any cryptocurrency or digital asset, and The Daily Hodl is not investment advice. The Daily Hodl engages in affiliate marketing.

Featured image: Shutterstock/Olga Medvedeva

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