Chainlink Whale Accumulates $612K in LINK as LINK Price Eyes Breakout

Chainlink (LINK) is attracting attention after a large whale withdrew approximately $612,550 worth of tokens from Binance across four transactions within 18 hours. The activity comes as the LINK price attempts to stabilize following a broader cryptocurrency market downturn. Meanwhile, crypto analyst Investor Jordan has identified a potential double-bottom formation, suggesting that the token could recover toward $15. The combination of whale withdrawals and improving chart patterns has placed Chainlink’s market structure under closer scrutiny. According to the on-chain monitoring platform Onchain Lens, a large cryptocurrency holder withdrew another 16,900 LINK, worth approximately $181,640, from Binance to a multisignature wallet. The transaction was added to the whale’s recent activity, bringing total withdrawals to 57,000 LINK within 18 hours.

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