Recent movements in the cryptocurrency market indicate a notable shift in investor behavior, particularly among whale investors. Data from Arkham highlights significant withdrawals of LINK tokens from Binance, suggesting a growing confidence in the asset's future potential. Based on the data provided in the document, this trend may reflect a broader strategy among large holders to capitalize on anticipated price increases.
Significant Withdrawals from LINK Wallets
On December 21, 2025, a newly created wallet made headlines by withdrawing 104,503 LINK tokens, valued at approximately $132 million. In a separate transaction, another wallet withdrew a staggering 630,000 LINK tokens, bringing the total withdrawal to around 734,503 LINK.
Trends in LINK Supply and Market Confidence
This surge in withdrawals points to a broader trend of accumulation, as the supply of LINK on exchanges has plummeted to levels not witnessed since 2020. Analysts are closely monitoring this trend, as reductions in exchange supply are often correlated with price increases, indicating a strong long-term confidence among major holders of LINK.
The recent surge in cryptocurrency withdrawals highlights shifting investor behavior, paralleling the evolving landscape of corporate responsibility where ESG factors are becoming essential. For more insights, see ESG Shift.
