Accelerated Cryptocurrency Market Activity
Whale movements in the cryptocurrency market have accelerated again.
Onchain data shows that some large wallets, especially newly created ones, are heavily accumulating Chainlink (LINK), while massive amounts of ETH and BTC are moving between exchanges.
Chainlink (LINK) Accumulation by New Whales
Over the past three days, a newly created whale with the short address “0x618” withdrew a total of 179,393 LINK from Binance, amassing approximately $2.88 million. The address's most recent transfer was 62,636 LINK, valued at $1 million.
During the same period, another new wallet, identified as “0xd11,” withdrew an additional 145,250 LINK, worth $2.33 million, from Binance just an hour ago.
Ethereum (ETH) Movement to Decentralized Finance
On the other side of the market, a massive Ethereum movement was recorded. A whale withdrew 60,000 ETH, totaling $213.73 million, from Binance and deposited it directly into Aave V3. This strategic move significantly increased the total ETH balance in that wallet to 326,902 ETH, equivalent to $1.16 billion.
Bitcoin (BTC) Movement with a Notable Loss
On the Bitcoin front, the outlook presents a less favorable scenario. A whale deposited 500 BTC, valued at $52.8 million, onto the Gate exchange. This Bitcoin had been held for approximately four months and its sale resulted in a $6.85 million loss. The BTC in question had initially been acquired at a cost of $59.4 million.
Uniswap (UNI) Position Closed at a Loss
In another significant transaction, a whale, potentially an institutional wallet, deposited a total of 1.19 million UNI, worth $10.54 million, into Binance. This position had been acquired at a cost of $11.45 million, with purchases made through Binance and Flowdesk between February 2025 and October 2025. Consequently, the wallet incurred an approximate loss of $914,000 on its UNI holdings.