Whales Dump $12.37M In LINK and UNI, Triggering 4% Price Drop

Whales Dump $12.37M In LINK and UNI, Triggering 4% Price Drop

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Source: TheMerkle.com

In the last five hours, two significant whales, likely representing an institutional entity, offloaded 371,000 LINK ($6.48 million) and 541,000 UNI ($5.89 million) on Binance, causing the prices of both tokens to plummet by approximately 4%.

These whales had accumulated the majority of these tokens in late May, driven by the Ethereum ETF approval hype. The strategic timing of the dump appears to have been an effort to capitalize

Read More https://themerkle.com/whales-dump-12-37m-in-link-and-uni-triggering-4-price-drop/

The post "Whales Dump $12.37M In LINK and UNI, Triggering 4% Price Drop" appeared first here TheMerkle.com.

Source: TheMerkle.com

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