🚀🚀This Event on Altcoin Increased Prices to 11 out of 11: $150 Million Worth of Tokens Transferred to Binance! 🚀🚀

Today, approximately 17 million 875 thousand LINK, worth about 149 million dollars, was transferred from the non-circulating wallets of Chainlink (LINK) to the Binance exchange.

The leading blockchain data analysis platform Lookonchain reported significant movement in the supply of Chainlink. According to on-chain data, wallets holding non-circulating LINK sent large amounts of tokens to Binance. With this transaction, a total of 17 million 875 thousand LINK was transferred to the exchange.

According to Lookonchain’s data, Chainlink had previously made a total of 11 supply releases of similar magnitude. Following such large supply movements, LINK prices have generally experienced significant increases. Therefore, investors may reassess their positions with expectations of a similar price increase.

Especially large transfers to high-volume platforms like Binance have the potential to stimulate investor interest and create movement in the markets. The transferred amount of tokens can affect the supply-demand balance in the short term, leading to price fluctuations.

Recently, LINK has drawn attention with movements independent of general market trends, while experts predict that the coming days could be quite active for Chainlink following this transfer.

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