CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

BitcoinSistemi 2025-06-21 20:56:06

Developers Sent a Large Amount of Tokens to Binance in This Altcoin – They Have Done This 11 Times in the Past, Here’s What to Expect

According to cryptocurrency onchain data provided by analytics platform Lookonchain, an altcoin has seen a transfer from wallets associated with developers to Binance. According to data, 17.87 million LINK tokens worth $149 million were sent from non-circulating supply wallets belonging to Chainlink (LINK) to cryptocurrency exchange Binance. In the past, Chainlink developers had made large transfers in 11 different cases. Interestingly, Lookonchain analysts claimed that most of these events resulted in an increase in the LINK price. Related News: List of the Most Discussed Cryptocurrencies on Social Media Platforms in the Last 24 Hours Published In addition, other crypto whale onchain data continues to provide interesting data. When the records are examined, an address connected to a whale wallet with the address wiftardio.sol wallet today withdrew $2 million worth of USDC stablecoin via Bybit and immediately purchased 2.12 million FARTCOIN at an average price of $0.94. At the time of writing, the FARTCOIN price is trading at $0.82. In other words, the whale has lost approximately 10%. *This is not investment advice. Continue Reading: Developers Sent a Large Amount of Tokens to Binance in This Altcoin – They Have Done This 11 Times in the Past, Here’s What to Expect

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.