A whale with a large amount of Chainlink (LINK) tokens has deposited 250,000 LINK, valued at $5.37 million, on Binance and OKX, indicating that the whale might intend to trade the tokens. This comes after the same whale withdrew 595,000 LINK worth approximately $17.31 million from Binance between December 14 and December 18, resulting in a loss due to the drop in LINK's price. The whale is currently experiencing an unrealized loss of about $4.5 million. There is speculation that the whale may choose to stake the tokens until there is a shift in the market dynamics. The market volume of Chainlink has slightly increased, suggesting some renewed interest from traders. Analysts anticipate that Chainlink may rebound soon given its recent increase in active address counts.



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