one wallet, 0x28c6…1d60, just dropped $3.3M of $LINK onto Binance in the last hour. price hasn't even blinked, still flat over 4h after a +7.7% day.
$5.4M total hit exchanges across Binance, Gate, Bitget and Bitfinex. coins landing on exchanges can get sold, doesn't mean they will, could be a desk repositioning.
worth noting: smart money's been quietly net buying $LINK this week, and broader exchange flow actually shows -$2.3M leaving venues. so you've got one big wallet loading a CEX while the wider tape says accumulation. that tension is the whole story right now.
go trace 0x28c6…1d60 yourself, receipts are sitting in the thread. NFA
$5.4M total hit exchanges across Binance, Gate, Bitget and Bitfinex. coins landing on exchanges can get sold, doesn't mean they will, could be a desk repositioning.
worth noting: smart money's been quietly net buying $LINK this week, and broader exchange flow actually shows -$2.3M leaving venues. so you've got one big wallet loading a CEX while the wider tape says accumulation. that tension is the whole story right now.
go trace 0x28c6…1d60 yourself, receipts are sitting in the thread. NFA