Sleeping whale suddenly unloads! 200,000 LINK enters Binance, is it a good sign or a signal?
This whale, which has been asleep for 9 months, recently threw over 200,000 LINK into Binance, worth approximately 3.27 million USD, and has made a profit of 1.08 million! However, there are still 145,000 LINK left in their wallet, valued at 2.37 million, indicating they don't plan to fully cash out.
This action reveals two implications: first, they may be preparing to take some profits, which could lead to selling pressure in the short term; second, the big player still has confidence in LINK's future, as they have left behind a significant amount of chips.
One must stay alert and not be scared off by short-term fluctuations; whale movements often precede major market trends. Stay steady and follow the rhythm!
