BitcoinSistemi
2025-11-11 20:33:08

Fresh Whales Are Accumulating This Altcoin – On-Chain Data Shows

Whale movements in the cryptocurrency market have accelerated again. Onchain data shows that some large wallets, especially newly created ones, are heavily accumulating Chainlink (LINK), while massive amounts of ETH and BTC are moving between exchanges. Over the past three days, the newly created whale with the short address “0x618” withdrew a total of 179,393 LINK from Binance, amassing approximately $2.88 million. The address's most recent transfer was 62,636 LINK ($1 million). During the same period, another new wallet, “0xd11,” withdrew another 145,250 LINK ($2.33 million) from Binance just an hour ago. Related News: Historic Moment Has Arrived: XRP Spot ETF Will Soon Begin Trading - Here's the Date and Time On the other side of the market, a massive Ethereum movement was recorded. A whale withdrew 60,000 ETH ($213.73 million) from Binance and deposited it directly into Aave V3. This move brought the total ETH balance in that wallet to 326,902 ETH ($1.16 billion). On the Bitcoin side, the outlook is even bleaker. A whale deposited 500 BTC ($52.8 million) he had held for about four months onto the Gate exchange, incurring a $6.85 million loss. The BTC in question had initially been withdrawn at $59.4 million. Finally, a whale, or institutional wallet, deposited a total of 1.19 million UNI ($10.54 million) into Binance. This position cost $11.45 million, with purchases made through Binance and Flowdesk between February 2025 and October 2025. This means the wallet lost approximately $914,000 on its UNI position. *This is not investment advice. Continue Reading: Fresh Whales Are Accumulating This Altcoin – On-Chain Data Shows

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