#Large account withdraws LINK $3.38 million#

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Overview

Recently, a whale withdrew a significant amount of LINK from Binance, totaling approximately $3.38 million. According to Onchain Lens monitoring, the address withdrew LINK from Binance in two separate transactions. The first withdrawal was for 142,448 LINK, worth around $3.38 million. The second withdrawal was for 13,126 LINK. The address currently holds approximately 81,512 LINK.

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Analysis

Recently, a large whale has withdrawn a significant amount of LINK tokens from Binance, drawing market attention. According to Onchain Lens monitoring, the address withdrew 142,448 LINK at an average price of $23.74, totaling approximately $3.38 million.It is worth noting that the address also withdrew about 13,126 LINK from Binance four hours ago. Currently, the address holds approximately 81,512 LINK. This series of actions has sparked market speculation about the future trajectory of the LINK token. Some analysts believe that this could be the whale's investment strategy, while others suggest it might be a cash-out maneuver. However, no definitive information about the whale's true intention is available, leaving the market with numerous speculations.

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A large holder withdrew a significant amount of LINK from Binance, valued at approximately $3.38 million.

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This address may be moving funds or preparing for other operations.

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The address currently holds approximately 81,512 LINK.

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The price of LINK may be affected by the large holder withdrawal.

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