According to Ai 姨 (@ai_9684xtpa), a Chainlink-associated address that had been dormant for five years transferred 79,474 LINK tokens, valued at approximately $1.12 million, to Coinbase nine hours ago. On-chain data shows these tokens were accumulated between October 2018 and February 2020 at an average cost of $0.6865 per LINK. With the latest deposit price at $14.13, a full sale could yield profits over $1.06 million, representing a 1958% return on investment (source: @ai_9684xtpa, intel.arkm.com). This significant move may introduce short-term selling pressure on LINK, making it a critical watch for traders seeking volatility and liquidity in the crypto market.

According to Lookonchain, whale address 0x33f7 transferred all 722,416 LINK tokens, worth approximately $11.11 million, to Binance within the last 20 minutes (source: Lookonchain, Twitter, May 29, 2025). Large deposits to exchanges like Binance are often viewed as potential sell signals, indicating increased selling pressure for Chainlink in the short term. Traders should closely monitor LINK price action and order book liquidity, as such significant on-chain movements from whales frequently precede heightened volatility or price corrections in the crypto market.