New Wallet Withdraws $2.35 Million in Chainlink from Binance

Onchain Lens data shows sustained LINK accumulation, with two wallets collectively holding over $5.2 million after significant withdrawals from Binance this week.

LINK

Summary

Onchain Lens reported that new wallets continued accumulating Chainlink (LINK) over the past three days. Wallet 0x618 withdrew 62,636 LINK (~$1 million) and now holds 179,393 LINK (~$2.88 million). Wallet 0xd11 withdrew 145,250 LINK (~$2.33 million) from Binance one hour ago. The movements highlight sustained large-scale LINK accumulation amid recent market activity.

Terms & Concepts
  • Chainlink (LINK): A decentralized oracle network that connects smart contracts with real-world data.
  • Binance: One of the world's largest cryptocurrency exchanges by trading volume.
  • Wallet: A digital tool used to store and manage cryptocurrencies.