Chainlink Whale Unloads $2.74 Million into Multisig Wallet

A notable Chainlink whale has transferred 289,760 LINK tokens to a self-custodied Gnosis Safe multisig wallet, valued at approximately $2.74 million.

The transfer, executed a few hours ago, follows a month-long accumulation phase during which the tokens were gradually withdrawn from Binance, according to on-chain analyst The Data Nerd.

This move suggests a long-term holding strategy, as the whale has opted for self-custody over keeping assets on an exchange.