Whale Reawakens: 320,000 LINK Withdrawn — Monitor for Follow-Through
I noticed a suspected entity withdrew over 320,000 LINK (~$7.17M) from a centralized exchange after one month of dormancy.
This move could signal either cold-wallet accumulation or a whale preparing to re-enter the market; the direction will depend on subsequent on-chain flows and exchange deposits.
I'll be watching exchange inflows/outflows, orderbook activity and price response before taking any trading action — it’s a material transfer but not a clear buy or sell signal on its own.
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Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.