On August 16th, **COINOTAG News** reported that a significant **whale address** executed a withdrawal of **124,856 LINK tokens** from **Binance**, totaling an impressive **$2.73 million**. This transaction, noted by **Onchain Lens monitoring**, highlights the ongoing movements within the crypto market. In the preceding two months, this particular address has removed a staggering **304,003 LINK** from the exchange, equating to roughly **$6.63 million**. With current valuations, the holder is enjoying an **unrealized profit** estimated at **$1.5 million**. Such activities are indicative of larger trends in **cryptocurrency investments**, as high-net-worth individuals strategically manage their portfolios amidst fluctuating market conditions.
Timely, reliable coverage of breaking news, insights, and analyses on Bitcoin and cryptocurrencies since 2018.
Disclaimer: The information provided on COINOTAG NEWS is for informational purposes only and should not be considered financial or investment advice. Always conduct your own research and consult with a financial advisor before making any investment decisions.
© COINOTAG News 2024