Chainlink whale withdraws $612,550 in LINK as analyst sets $15 target

A notable Chainlink (LINK) whale withdrew $612,550 worth of LINK tokens from Binance in four separate transactions within an 18-hour period, according to on-chain data. The moves coincide with ongoing efforts by Chainlink to recover from a broader market correction that has weighed on most cryptocurrencies in recent weeks. Onchain Lens, a blockchain analytics platform, reported that the large holder transferred a total of 57,000 LINK from Binance to private multisignature wallets. In the latest transaction, the whale withdrew 16,900 LINK, valued at around $181,640, increasing their total activity over this brief window. Such sizable withdrawals from centralized exchanges are often monitored closely as they may indicate an intent to hold tokens in the longer term.

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