Markets· ★★★· bearish·

GSR Sends 578,000 LINK Worth $8.25M to Binance in Two Days

  • —GSR sent 303,010 LINK worth $4.29M to Binance
  • —The same wallet moved 275,000 LINK worth $3.96M two days earlier
  • —Total over two days: 578,010 LINK worth $8.25M
  • —Tokens originated from a Gnosis Safe wallet
Why it matters: Large LINK inflows to exchanges from a market maker can signal selling pressure ahead for the token.
Source: PANews