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Chainlink-Linked Wallets Move 11.4 Million LINK to Binance

Two transfers added about 4 million LINK, worth roughly $51 million, to Binance addresses on Oct. 9 ET.

Mentioned assets
Metal token discs arranged beside a secure exchange deposit hatch / TokenPost.ai
Metal token discs arranged beside a secure exchange deposit hatch / TokenPost.ai

Chainlink noncirculating supply wallets transferred about 11.4 million LINK to Binance addresses on Oct. 9.

The latest transactions involved about 4 million LINK sent in two batches at 4:20 p.m. and 4:35 p.m. ET (20:20 and 20:35 UTC). The tokens were transferred from the wallet labeled “Noncirculating Supply 11” to Binance deposit addresses.

Two other Chainlink noncirculating supply wallets moved about 7.4 million LINK to Binance at 3:53 p.m. and 4:01 p.m. ET (19:53 and 20:01 UTC). Combined, the four transfers totaled roughly 11.4 million LINK for the day.

The transactions place the tokens in exchange-linked addresses, but they do not confirm that the assets were sold.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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