Whale of a Time: Chainlink’s 1,700% Activity Spike Will Make You LOL! 🐋💰

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Hold onto your wallets, folks! LINK, the cryptocurrency that’s more popular than a rubber chicken at a comedy club, has seen whale activity that’s gone through the roof! We’re talking over $1 billion in large transactions in just 24 hours! That’s more action than a cat in a room full of laser pointers! 🐱💥

According to the data from IntoTheBlock (which sounds like a hipster coffee shop, doesn’t it?), Chainlink’s large transaction volume skyrocketed by a whopping 1700.73% in the last day! That’s a total of $1.01 billion, or 73.41 million LINK. It’s like watching a bunch of kids at a candy store, but instead of candy, it’s crypto! 🍬💸

And guess what? Just the day before, Chainlink decided to throw a party and unlocked 19 million LINK tokens (worth nearly $262 million) from two noncirculating supply addresses. That’s like finding a hidden stash of cash in your grandma’s attic! Among the unlocked tokens, 14.875 million LINK (about $205 million) were sent straight to Binance, while the remaining 4.125 million LINK (nearly $57.04 million) were sent to a multisig address. Because why not? 🎉💰

Now, here’s the kicker: Chainlink has unlocked tokens 10 times before, and guess what? Nine of those times, the price went up 30 days later! It’s like a magic trick, but instead of pulling a rabbit out of a hat, they’re pulling profits out of thin air! 🎩✨

The #Chainlink non-circulating supply wallet unlocked and deposited 14.875M $LINK($216M) to #Binance again today.

Before this, #Chainlink had unlocked 10 times in total, and 9 of them saw price increases 30 days after unlocking.

— Lookonchain (@lookonchain) March 15, 2025

Since August 2022, Chainlink has unlocked a staggering 176 million LINK (now worth around $2.43 billion). That’s enough LINK to make even Scrooge McDuck jealous! 🦆💵 Among these tokens, 151.3 million LINK were directly deposited to Binance at an average price of $11.41. Chainlink is still sitting on 342.5 million LINK worth nearly $4.7 billion across multiple noncirculating supply contracts. Talk about a hoarder! 🏦💎

Whales Making Moves

On-chain analytics platform SpotOnChain (which sounds like a fancy new dance move) reported that a crypto whale decided to spend 7.1 million USDC to buy 506,226 LINK at an average price of $14.03. To fund this little shopping spree, the whale sold 1,108.83 ETH for 2.1 million USDC and withdrew another five million USDC from Spark. It’s like watching a game of financial Twister! 🌀💃

But wait, there’s more! This whale, in a shocking twist, sold 1.34 million LINK on-chain for $18.36 million at $13.7, taking a loss of $512,000 or 2.7%. Ouch! That’s like stepping on a Lego in the dark! 😱🧱

At the same time, the whale closed its LINK longs on GMX for a $195,000 profit and flipped its LINK longs on Hyperliquid into BTC shorts worth 40x leverage. Now it’s sitting on an unrealized $290,000 profit. It’s like a rollercoaster ride, but instead of screaming, they’re laughing all the way to the bank! 🎢💸

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2025-03-15 18:33