Latest Update
2026-11-06 19:53 UTC

Whale: Accumulates $612K LINK From Binance

Whale: Accumulates $612K LINK From Binance

Onchain Lens reports a whale withdrew 57K LINK worth $612.55K from Binance to a multisig wallet across four transactions over 18 hours.

Source

Analysis

Onchain Lens tracked a whale pulling another 16.9K LINK (~$181.64K) from Binance into a multisig wallet, bringing the 18-hour total to 57K LINK (~$612.55K) across four withdrawals.

LINK trades at $10.8 inside its Bollinger band on the 4h chart, with price capped below the $11.71 upper band while the $10.39 lower band offers near-term support. The structure remains bearish as price sits beneath both the EMA50 at $11.2 and EMA200 at $12.04, and the MACD death cross at -0.14 confirms downside momentum despite neutral RSI at 42.56. Any bounce toward the upper band faces resistance from the 50-EMA, suggesting a likely retest of lower band support before sustained recovery.

Onchain Lens

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