Recent whale activities show significant profit-taking on LINK, with additional movements in ETH and SOL, amid market speculation.
A notable whale has initiated profit-taking on LINK by transferring 403,000 LINK, valued at around $5.87 million, to Binance. The whale originally acquired 1.75 million LINK at an average price of $7.03 and currently holds 1.35 million LINK, totaling approximately $18.6 million, with realized profits exceeding $12 million. Additionally, a whale accumulated 5,002 ETH and sold 44,539 SOL for a near $650,000 profit, while analysts suggest the current bull market may be artificially extended. Binance's CEO revealed the exchange holds nearly 59% of centralized exchange stablecoin reserves.