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Home»Altcoins»ChainLink Whale sends a 403K link to Binance – Crash Award?
Altcoins

ChainLink Whale sends a 403K link to Binance – Crash Award?

June 5, 2025No Comments5 Mins Read
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Key notes

  • A Chainlink whale moved 403,000 links to Binance after a year of accumulation.
  • The whale sold part of the tokens, making $ 5.87 million in profits.
  • Market fears increased to $ 18.6 million in links remains at risk of liquidation.

A large chain channel

LINK
$ 13.58



24h volatility:
3.9%


COURTIC CAPESSION:
$ 8.93 B



Flight. 24 hours:
$ 280.42 M

The investor sparked new sales concerns in cryptographic space after moving many liaison tokens to a major exchange.

Sudden activity has aroused speculation about future prices movements, especially since the wider market faces a slowdown.


The Chainlink whale moves 403,000 links to Binance

A whale crypto with a long -standing story involving Chainlink recently transferred 403,000 binance liaison tokens.

This decision was made after a year of regular accumulation, during which the whale withdrew a total of 1.75 million links, valued at around $ 12.3 million, from Kraken between March 2023 and March 2024. The tokens were initially acquired at an average price of $ 7.03 each.

Whale 0x7FBB recently started selling $ Link For a profit!

Between March 24, 2023 and March 25, 2024, the whale withdrew 1.75 m $ Link($ 12.3 million) #Kraken at an average price of $ 7.03 and held for more than a year.

Since May 27, he has deposited 403K $ Link($ 5.87 million) at #Binance And always … pic.twitter.com/m3req95bra

– Lookonchain (@lookonchain) June 5, 2025

Since May 27, 2025, this same investor has started to sell, generating approximately $ 5.87 million compared to the 403,000 liaison tokens transferred to Binance.

The total of the Whale gains now amounts to around $ 12 million. At one point, these profits have reached a culpillage of $ 39 million, but the recent slowdown in the market has considerably reduced these income.

ChainLink recently recorded a 9%leap, pushing its price at around $ 14.88. The 24 -hour negotiation volume of the token increased by 30% to 353 million dollars, indicating a renewal of investors’ interests.

ChainLink Price was negotiated at $ 13.74, a drop of 2.99% in the last 24 hours. This decrease follows closely the activity of the whale, which prompted market players and analysts to wonder if more sales could follow.

It is essential to add that the link of 1.35 million remaining in the whale portfolio is currently estimated at $ 18.6 million. This continues to stay on the market as a possible threat in the event of additional liquidation.

The market reacts to Whale’s strategy in the midst of a wider decline in cryptography

The whale decided to move the tokens of the Binance chain during a general recharge time on the cryptography market.

During last week, the entire market experienced a 5% drop in value. Many investors seem to take advantage after a strong early 2025, and whale activity is considered to be part of this broader trend.

Some cryptographic observers believe that the whale has a well -timed outing, especially after keeping the tokens for more than a year. Others suggest that it is a sign of prudence and a possible change in feeling. Despite this, Link remains above a key support trend of June 2023, offering a small sign of stability.

Meanwhile, Ronin Bridge completed the migration to the CCIP of Chainlink, which made $ 450 million in assets to stimulate cross -safety and reliability. These integrations are essential to deny the impact of whale sales.

Bot of snoring under projector, new rival link?

Beyond the chain, a snorter token makes waves. Propelled by the Snorter Bot, a trading tool based on the telegram designed for the shooting and trading of new parts of memes on Solana, it skyrocketed by collecting more than $ 175,000 within 24 hours only following its launch in May 2025 and has now made it possible to collect almost $ 450,000 in total.

The bot has a real -time scam detection with an impressive 85% precision against carpet prints and honey pots. Snort, the platform’s utility token, rewards holders of considerably reduced negotiation costs (0.85% against 1.5%), the implementation of the eyes exceeding 721% and exclusive access to community mail.

The current presale offers users the possibility of winning early exhibition. It extends over 60 steps, with the current price at $ 0.0943.

Snorter is built directly in the telegram. There is no browser, no additional steps, and you can shoot, exchange, copy strategies and follow their wallets without ever leaving the application.

Current statistics::

  • Chain: Solana (with a planned multi-chain expansion)
  • Teleprinter: SNORT
  • Amount collected: $ 449K
  • Spear: May 2025

The first investors can join the presale using portfolios like Phantom or directly via the Télégramme Bot. Although ChainLink has a precious public service as an Oracle service, Snorter Bot also strengthens relevance and the first adopters can benefit more in the long term.

following

Non-liability clause: Coinspeaker undertakes to provide impartial and transparent reports. This article aims to provide precise and timely information, but should not be considered as financial or investment advice. Since market conditions can change quickly, we encourage you to check the information for yourself and consult a professional before making decisions according to this content.

New ChainLink (Link), Altcoin News, Cryptocurrency News, News

Godfrey Benjamin

Benjamin Godfrey is a blockchain enthusiast and a journalist who savor the writing of actual applications for blockchain technology and innovations to stimulate general acceptance and global integration of emerging technology. His desire to educate people on cryptocurrencies inspires his contributions to renowned media and blockchain sites.

Godfrey Benjamin on x





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