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Whale 0x35a just deposited 37,979 LINK ($682K) to Binance:

 

Notably, this whale belongs to a network of 4 LINK whales that have been trading LINK since June 26, 2024.

 

Currently, these whales have a joint estimated profit of $894K (+8.21%) from LINK after 5 months with only 12,912 LINK ($233K) left held by the above whale "0x35a":

  • jointly withdrew 831,953 LINK from Binance at an average price of $13.295 ($11.06M) between June 26 and July 27, 2024;
  • deposited the tokens back to Binance at an average price of $14.39 ($11.78M) between October 7 and November 28, 2024.

 

Lastly, note that over the past week, several other whales who withdrew LINK in June and July 2024 have offloaded their LINK tokens to Binance, allegedly to take profit.

 

Fig 1. The overall LINK trading history of the four whales (likely one entity).

 

Fig 2. The LINK token flow of the our whales (likely one entity).

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#chainlink
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