The biggest on-chain crypto transfers and whale movements recorded today, August 17, 2025:
#CryptoFundsOnTheMove #IfYouAreNewToBinance
Notable On-Chain Movements
1. Chainlink (LINK) Whale Accumulation
Transaction: A coordinated move by five wallets (likely under a single entity) bought 938,489 LINK tokens.
Cost: Approximately 4,806 ETH, equating to around $21.23 million—executed at an average price of $22.62 per LINK.
Implication: This sizable buy signals strong bullish interest in LINK. The $22.62 level may act as a key support zone, making LINK a watch-worthy asset for traders eyeing potential price appreciation.
2. Dormant Ethereum ICO Investor Moves
Transaction: An early Ethereum ICO wallet, inactive since 2014, transferred 334.7 ETH (worth around $1.48 million) to a new address.
Significance: This represents a massive 14,269x return on an initial $104 investment—one of the most dramatic windfalls in crypto history.
Market Sentiment: Despite the sudden movement, analysts suggest it may not indicate an imminent sell-off—but it does reinforce growing activity among dormant early investors, which could influence broader market sentiment.
Summary of Largest Transfers (Today, 17/08/2025)
Crypto Asset Transfer Details Approx. Value
LINK 938,489 tokens bought across 5 wallets (4,806 ETH)~$21.23 million
ETH 334.7 ETH moved by early ICO investor (10-year dormancy)~$1.48 million
Key Takeaways
LINK accumulation suggests a notable macro-level bet on its future utility or value, potentially creating a short-term support base.
ETH movement, while smaller in value, has high psychological impact due to the wallet’s historical significance—it may subtly influence market confidence.