On March 14th, COINOTAG News highlighted significant activity from the “ETH High Win Rate Swing Whale”, which executed a strategic on-chain sell-off involving 470,000 LINK tokens over a span of approximately 40 minutes. This transaction amounted to roughly $6.57 million, demonstrating notable market influence. Following this large-scale sale, the wallet in question proceeded to withdraw the same volume of LINK from Binance at a price point of $13.94, effectively capitalizing on existing price discrepancies. This event underscores the impact of whale movements on the liquidity and pricing dynamics within the crypto space. Traders and investors should remain vigilant, as similar sell-offs can lead to increased volatility and present opportunities in the market.
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