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Viktoras Karapetjanc: Large LINK outflow from exchanges signals possible whale accumulation

Viktoras Karapetjanc: Large LINK outflow from exchanges signals possible whale accumulation
LINK outflows signal possible accumulation

Viktoras Karapetjanc, industry influencer, highlights that approximately 970,000 LINK tokens have been withdrawn from exchanges, indicating a significant outflow.

According to Viktoras Karapetjanc, this development lowers selling pressure and suggests that large holders, or 'whales', may be accumulating LINK. Historically, such trends have been considered bullish signals for the token. If this pattern continues, LINK could move higher, Santiment emphasizes.

Viktoras Karapetjanc has previously discussed how rising oil prices and inflation have influenced crypto markets, with Bitcoin serving as a hedge asset. He has also noted the impact of liquidity issues and liquidation events on trading opportunities. These observations provide context for the current focus on large holder activity in LINK.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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