Bullish
Whale Withdraws 198.1K LINK Worth $1.65M From Exchange Wallet
2026-07-28 03:20:27
A dormant wallet active after 56 days moved 198.1K LINK valued at $1.65M off-chain, signaling potential accumulation or OTC preparation by a large holder.
Woofun AI data shows that a newly created wallet executed a withdrawal of 198.1K LINK, equivalent to approximately $1.65 million. The address, identified as 0xb132b09f10cb77e6d787481b345a023eade8e3c6, had received initial funding for gas fees 56 days prior to this transaction.
WOOFUN AI
Impact Assessment · Quick Read
The movement of nearly 200K LINK from an exchange to a cold wallet suggests a shift from liquid trading to long-term holding or over-the-counter positioning. Such large-scale withdrawals often reduce immediate sell pressure on exchanges, potentially supporting price stability if accompanied by broader market confidence.
Generated by WOOFUN AI · For reference only, not investment advice
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