In the past two days, over 2.07 million LINK have been withdrawn from exchanges.

Whales are quietly transferring LINK from exchanges back to their wallets, and the underlying message of this action is "reluctance to sell."

They do not plan to sell in the short term; instead, they may be looking to stake on-chain or participate in ecosystem development.

As the leader in oracle services, LINK is the cornerstone of the entire DeFi and RWA space, and its on-chain movements are an important indicator of market confidence. This wave of withdrawals smells like a big move is coming.