Two new whale wallets linked to January 12th to withdraw $5.5 million in LINK, suspected to be the same entity's layout.

HashBard · 2026-01-12T05:02:17+00:00

On January 12th, two newly created wallets withdrew LINK tokens from the exchange, totaling nearly $5.5 million. These two wallets may belong to the same entity, indicating that the holder is optimistic about the market or preparing for a specific strategy.

HashBard

2026-01-12 05:02:17

Abstract generation in progress

【Blockchain Rhythm】According to data analysis platform monitoring on-chain data, on January 12th, two newly created wallets made large withdrawals of LINK tokens from a major exchange, with single transactions approaching $5.5 million.

One wallet address “0x10D” transferred out 202,607 LINK from the exchange, worth approximately $2.7 million. Shortly after, another address “0xb59” also made a similar move, withdrawing 207,328 LINK, valued at about $2.78 million.

Interestingly, both wallets are recently created new addresses, each accumulating millions of LINK in a short period. According to data analysis, these two wallets may belong to different operational accounts of the same entity. Such large-scale withdrawals usually indicate that the holder is optimistic about the market or preparing for certain strategies.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

7 Likes

Reward
7
5
Repost
Share

Comment

0/400

BearMarketNoodler

· 01-12 05:31

5.5 million USD withdrawn to two wallets. I've seen this trick many times—it's a classic case of self-deception. Is this another story about optimistic future market trends? Wake up, big players always do this before cutting the leeks.

View OriginalReply0

AirdropGrandpa

· 01-12 05:31

5.5 million dollars poured out all at once. How confident must they be? However, such a big move with a new wallet does seem a bit suspicious.

View OriginalReply0

FundingMartyr

· 01-12 05:31

Pulling out 5.5 million USD in one go shows how confident you are about the market... But starting a new wallet and stacking this much right away does seem a bit deliberate.

View OriginalReply0

AltcoinHunter

· 01-12 05:18

Damn, it's the same trick again. Two wallets one after the other, with such neat amounts. This guy must be pretending to us, right?

View OriginalReply0

CryptoPhoenix

· 01-12 05:18

$5.5 million worth of LINK has been divided, this guy is gearing up for the next round of value return, opportunity ah opportunity --- Two new wallets launched simultaneously? This is a signal of the bottom range, I believe it, continue to go all-in --- Don’t panic, this is big funds crossing cycles, what small retail investors need to do is patiently wait --- It's the same routine again, the night before rebirth is always so exciting, rebuilding my mindset --- Seeing large orders withdrawing LINK makes me feel at ease, at least someone still believes in the future of this thing --- Having experienced the 2018 halving, these fluctuations are really not enough to watch, the law of conservation of energy also applies here --- What does large accumulation usually mean? It means believers are in action, I should also adjust my mindset --- Is this move genius or crazy? I bet it’s genius, after all I have no better choice

View OriginalReply0