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Chainlink Wallets Transfer 14.125 Million LINK to Binance

A further 2.725 million LINK worth about $34.85 million moved to a Binance deposit address Friday afternoon ET.

Mentioned assets
Gloved hand placing metal tokens into a secure deposit tray / TokenPost.ai
Gloved hand placing metal tokens into a secure deposit tray / TokenPost.ai

A Chainlink-linked noncirculating-supply wallet transferred about 2.725 million LINK, worth approximately $34.85 million, to a Binance deposit address at 1:07 p.m. ET (17:07 UTC) Friday.

The wallet, identified as “Noncirculating Supply 13,” made the transfer as part of a larger series of movements to Binance. Four earlier transfers from Chainlink noncirculating-supply wallets moved roughly 11.4 million LINK between 11:53 a.m. and 12:35 p.m. ET (15:53 and 16:35 UTC).

Together, the wallets transferred approximately 14.125 million LINK to Binance on Oct. 9, with a combined value of about $180 million.

The movements sent LINK to Binance, but do not establish that the tokens 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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