It has been reported that two significant transactions involving the sale of $LINK, a cryptocurrency associated with Chainlink, have taken place recently. These transactions were made by two whales, one of whom purchased $LINK from Binance four months ago, while the other bought it from Kraken in December 2021.
The first whale transferred 1.2 million $LINK tokens, valued at $8.88 million, to Binance through seven different addresses. The addresses associated with this transaction are as follows:
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x35303dd62212e2a86667aa913006b5ef07018ed9
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x1fcd835eda5bf998b2da197b922af0ffbaf71f23
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x4ad682c464ff9db3e3d5dbcc03836cecd63f5a0a
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0x93bb5e4db3871a00372c420219d1b75fb3955c27
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xf632f5370e08f4f528c375308d4f03358f1c2426
https://etherscan.io/token/0x514910771af9ca656af840dff83e8264ecf986ca?a=0xc16e76f58bb5602ef844053785d95dcd6c48bf54
The second whale transferred 1 million $LINK tokens, valued at $7.4 million, to Gate.io through ten different addresses. The addresses associated with this transaction have not been provided.
These transactions suggest that the whales who made them may have decided to sell their $LINK holdings for some reason. It remains to be seen whether this will have any impact on the price or the market sentiment surrounding $LINK.
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