A whale withdrew 506,000 LINK from Binance, worth approximately $8.47 million

ChainCatcher news, according to crypto analyst Ai Yi @ai_9684xtpa's monitoring, a certain whale has been frequently operating LINK in the past three days. The address bought 934,000 LINK (approximately $16.94 million) at an average price of $18.13 three days ago; subsequently, during the drop the day before yesterday, LINK was deposited to the exchange at $17.5, which would have resulted in a loss of about $592,000 if sold entirely at that time.

Four hours ago, the address withdrew 506,000 LINK (approximately $8.47 million) from Binance, and it is currently unclear whether these tokens are newly purchased or part of previously unsold holdings.