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Whale is crazily buying LINK: Over 8 million US dollars withdrawn from Binance in 48 hours.
[Chain News] On-chain data shows that LINK has recently become the focus of attention for whales. Yesterday, a new wallet withdrew 104,503 LINK from Binance in one go within 30 minutes, equivalent to 1.32 million USD. Even more astonishing is Address 0xf44, which has withdrawn over 630,000 LINK from Binance in the last 48 hours, with a total value approaching 8 million USD. This accumulation pace indicates that large investors are still optimistic about LINK, or it could simply be a risk hedging strategy, which is worth noting for market participants. Such a large withdrawal scale usually implies that the market maker is brewing something, and the subsequent market may have variables.