{"id":263177,"date":"2024-03-12T01:50:48","date_gmt":"2024-03-11T20:20:48","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=263177"},"modified":"2024-03-12T01:50:48","modified_gmt":"2024-03-11T20:20:48","slug":"new-whales-begin-accumulating-massive-amounts-of-chainlink-link-from-binance-lookonchain-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/new-whales-begin-accumulating-massive-amounts-of-chainlink-link-from-binance-lookonchain-crypto-news\/","title":{"rendered":"New Whales Begin Accumulating Massive Amounts of Chainlink (LINK) From Binance: Lookonchain &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>New deep-pocketed entities have accumulated the native asset of the decentralized oracle provider Chainlink (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/chainlink\/\">LINK<\/a>), according to blockchain tracking firm Lookonchain.<\/p>\n<p>Lookonchain <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/lookonchain\/status\/1766516226065629563\">says<\/a> that eight different addresses withdrew $16.72 million worth of LINK tokens from Binance, the world\u2019s largest crypto exchange.<\/p>\n<p><em>\u201cIt seems that whales are buying LINK!<\/em><\/p>\n<p><em>We noticed that eight fresh wallets withdrew 831,160 LINK ($16.72 million) from Binance in [two] days.\u201d<\/em><\/p>\n<p>Lookonchain spotted the following wallets withdrawing LINK from Binance addresses:<\/p>\n<p>Over the last several months, Lookonchain has tracked \u201cmysterious\u201d whales, likely institutions, accumulating LINK. In February, Lookonchain <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/2024\/02\/19\/mysterious-institution-accumulates-over-216000000-chainlink-link-in-two-weeks-lookonchain\/\">said<\/a> that the entities had acquired nearly a quarter billion dollars worth of LINK, also via Binance withdrawals.<\/p>\n<p>At time of writing, LINK is trading at $21.29, up nearly 7% in the last 24 hours.<\/p>\n<p>Lookonchain also has its eye on Dogecoin (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/dogecoin\/\">DOGE<\/a>) rival FLOKI (<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/currencies\/floki\/\">FLOKI<\/a>), named after Elon Musk\u2019s dog.<\/p>\n<p>According to the firm, six <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/lookonchain\/status\/1766161879905534311\">wallets<\/a> have all begun unstaking their FLOKI coins and are taking $7.14 million in profit following the memecoin\u2019s latest surge.<\/p>\n<p><em>\u201cThe price of FLOKI increased by ~75% [on March 9th]!<\/em><\/p>\n<p><em>We noticed that whales started unstaking FLOKI and selling for profits!<\/em><\/p>\n<p><em>Six wallets have unstaked 30 billion FLOKI ($7.14 million) in the [six] hours and are selling FLOKI.\u201d<\/em><\/p>\n<p>At time of writing, FLOKI is trading for $0.000278, up over 15% in the past day.<\/p>\n<p><em><span style=\"font-size: 13pt\">Don&#8217;t Miss a Beat \u2013 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/join-the-daily-hodl-email-list\/\">Subscribe<\/a> to get email alerts delivered directly to your inbox <\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Check <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/crypto-markets\/\">Price Action<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Follow us on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/TheDailyHodl\">Twitter<\/a>, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.facebook.com\/thedailyhodl\/\">Facebook<\/a> and <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.me\/thedailyhodl\">Telegram<\/a><\/span><\/em><br \/>\n<br \/>\n<em><span style=\"font-size: 13pt\">Surf <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dailyhodl.com\/daily-hodl-mix\">The Daily Hodl Mix<\/a><\/span><\/em><br \/>\n<\/p>\n<div class=\"hideinamp\">\n<p>&amp;nbsp<\/p>\n<h6>Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.<\/h6>\n<\/div>\n<p><em><span style=\"font-size: 10pt\">Featured Image: Shutterstock\/Terablete<\/span><\/em><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>New deep-pocketed entities have accumulated the native asset of the decentralized oracle provider Chainlink (LINK), according to blockchain tracking firm Lookonchain. Lookonchain says that eight different addresses withdrew $16.72 million worth of LINK tokens from Binance, the world\u2019s largest crypto exchange. \u201cIt seems that whales are buying LINK! We noticed that eight fresh wallets withdrew [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":57134,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-263177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/263177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=263177"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/263177\/revisions"}],"predecessor-version":[{"id":263179,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/263177\/revisions\/263179"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/57134"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=263177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=263177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=263177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}