According to cryptocurrency on-chain data provided by the analytics platform LookonChain, AltCoin saw the wallet-to-Binance transfers associated with developers.
Data shows $177.87 million in linked tokens worth $149 million have been sent to cryptocurrency exchange Binance from an acyclic supply wallet belonging to ChainLink.
In the past, ChainLink developers have done big transfers in 11 different cases. Interestingly, Analysts at Lookonchain claimed that most of these events led to an increase in link prices.
Furthermore, on-chain data for other crypto whales continues to provide interesting data. Looking at the records, an address connected to a whale wallet with a wiftardio.sol wallet retracted USDC Stablecoin worth $2 million via BYBIT, and quickly purchased 2.12 million Fartcoins for an average price of $0.94. At the time of writing, the Fartcoin price is trading at $0.82. In other words, the whales lost about 10%.
*This is not investment advice.
