Chainlink Whale Withdrawals Spark 12% Price Surge

Significant whale activity has been observed in the Chainlink (LINK) market as four major addresses withdrew over 400,000 LINK tokens worth approximately $9.82 million from Binance within a 24-hour period, according to on-chain monitoring by The Data Nerd. These withdrawals suggest that whales are consolidating their holdings and exhibiting long-term confidence in Chainlink’s value. This move could also affect liquidity dynamics across exchanges, adding a layer of speculation to the market.