Crypto Whale Acquires $13.98 Million in Assets from Binance and Kraken

Onchain Lens reports a whale’s latest withdrawals bring its portfolio to $74.83M, with major positions in Chainlink and Ethereum.

ETH

LINK

101d ago

Summary

On December 6, Onchain Lens detected a cryptocurrency whale withdrawing $13.98 million from Binance and Kraken. The whale’s total holdings now stand at $74.83 million, consisting of 1.62 million Chainlink (LINK) and 6,050 Ethereum (ETH), indicating continued accumulation of significant crypto assets.

Terms & Concepts

Whale: A term used to describe an individual or entity that holds large amounts of cryptocurrency, capable of influencing market prices.
Chainlink (LINK): A blockchain-based oracle network that enables smart contracts to securely connect to external data sources.
Ethereum (ETH): A leading blockchain platform that supports smart contracts and decentralized applications.