Whale Shows Bullish Sentiment on Chainlink with Significant Transactions

12/8/2024 4:02:20 AM

According to Lookonchain, a significant crypto investor, often referred to as a 'whale', has shown bullish behavior towards Chainlink (LINK). This whale recently withdrew 390,230 LINK, valued at approximately $9.68 million, from Binance and deposited it into Aave. Following this, the whale borrowed 4 million USDT from Aave and moved it back to Binance, potentially to acquire more LINK. This series of transactions suggests a strategic long position on LINK, indicating potential price movement and trading opportunities. (Source)

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