Bitcoin and altcoin units gave up most of the profits they made during the week as of Friday. BTC, which opened the week at $26,500, is almost where it started, even though it pushed the 27,500 level on Tuesday.
While Bitcoin is relatively calm, the largest altcoin unit, Ethereum, is in minus. ETH has lost 1.58% value since the beginning of the week. While the altcoin market continues to lose against BTC, whales see this as a buying opportunity.
According to the new post by market follower Lookonchain, there have been interesting movements in Binance accounts recently. Experts have detected new transfers to 81 different cryptocurrency wallets on the Binance exchange since September 18, 2023.
Strangely, all of these unknown addresses purchased the same altcoin unit. Lookonchain shared that there was a large amount of LINK transfers to these addresses.
There are a total of 81 fresh wallets created on Sept 15 started withdrawing $LINK from #Binance on Sept 18.
And these wallets have withdrawn a total of 4.7M $LINK ($31.58M) from #Binance so far.
Details: https://t.co/hSdkoncNgZhttps://t.co/AzUM8VleQQ pic.twitter.com/4IxdSHtv6C
— Lookonchain (@lookonchain) September 22, 2023
“Wallet addresses created since September 15 have withdrawn LINK tokens from the exchange throughout the week. The market value of the tokens withdrawn from the exchange by the 81 addresses in question reached 31.5 million dollars.”
Lookonchain shared an excel file for crypto lovers, which address bought how much LINK. While the largest address that attracted the most LINK from the Binance exchange traded with 280 thousand units, the smallest transaction was limited to 5 thousand.
LINK Price
The altcoin, which was purchased by 81 different addresses this week, is among the profitable cryptocurrencies of recent days. According to CoinMarketCap data, LINK became the sixth crypto that rose the most in a week among the top 100 tokens.
LINK, which has been in a horizontal channel for about a year and a half, is currently finding buyers at $6.72.
