Institutional market makers are aggressively rebalancing $LINK between OTC desks and cold custody right now.
Robinhood sent 53.9K $LINK (~$695K) out in two synchronized clips half straight to Cumberland DRW OTC, half to Coinbase hot wallets.
Coinbase Prime pulled 21.6K $LINK ($280K) off active spot books into cold custody.
Wintermute injected liquidity into Robinhood while Binance absorbed fresh 8.3K token deposits.
Coinbase Prime is locking float away, but Robinhood is moving six-figure clips directly to OTC market makers.
Robinhood sent 53.9K $LINK (~$695K) out in two synchronized clips half straight to Cumberland DRW OTC, half to Coinbase hot wallets.
Coinbase Prime pulled 21.6K $LINK ($280K) off active spot books into cold custody.
Wintermute injected liquidity into Robinhood while Binance absorbed fresh 8.3K token deposits.
Coinbase Prime is locking float away, but Robinhood is moving six-figure clips directly to OTC market makers.
