A Massive Cryptocurrency Whale Made a Large Withdrawal of This Altcoin from Binance

The high volume of transactions made by whales in the cryptocurrency market is attracting attention.

Two wallets (likely belonging to the same whale) withdrew 327,465 Chainlink (LINK), or approximately $7.17 million, from Binance after a month of inactivity. The total balance of these wallets is currently 590,056 LINK ($12.92 million).

Meanwhile, another whale withdrew 124,856 LINK ($2.73 million) from Binance. Over the past two months, the same wallet has withdrawn a total of 304,003 LINK ($6.63 million), currently making a profit of approximately $1.5 million.

A newly created wallet transferred 9,006 ETH, approximately $40.16 million, from Kraken.

Derivatives exchange HyperLiquid also saw activity. A whale opened highly leveraged short positions by depositing 1.59 million USDC:

• ETH 25x,
• BTC 40x,
• LEFT 20x.

Another whale deposited 2.4 million USDC into HyperLiquid, purchasing 49,871 HYPE at an average price of $48.14.

Meanwhile, a wallet linked to the Trump family’s cryptocurrency project, World Liberty Finance, made significant purchases, spending a total of 18.6 million USDC:

• $8.6 million for 1,911 ETH (unit price $4,500),
• $10 million for 84.5 WBTC (unit price $118,343).

World Liberty Financial currently holds 5 million USDC in its wallets, with additional purchases expected.

*This is not investment advice.

Source