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Large-scale whale activity occurred in Bitcoin and Altcoins after the release of inflation data-deta

2026-09-12 06:28:58
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Large-scale transfer of funds recently occurred in the cryptocurrency market

In the past few hours, significant large-scale transfer activities have occurred in the cryptocurrency market. The managed wallet associated with Fireblocks transferred $19.4 million worth of Trump-backed USD1 stablecoins to Binance at the last hour. According to reports, the total amount of USD1 transferred to Binance in the past 13 days from the same wallet has reached approximately US$149.8 million.

On the other hand, a large crypto investor who had been silent for about four months has become active again. The whale account withdrew 116,490 HYPE tokens worth approximately US$9.6 million from OKX after 119 days without any transactions. The deal from a long-dormant address has raised concerns about its possible new positioning on the HYPE project.

Institutions and project parties continue to increase their holdings of LINK

In terms of Chainlink, the accumulation of LINK by institutions and project parties continues. Grayscale's GLNK ETF purchased an additional 203,810 LINKS through Coinbase Prime, valued at approximately US$2.38 million. It is reported that the fund has accumulated a total of 1.05 million LINK in the past 18 days, which is approximately US$12.12 million based on the current market value.

At the same time, Chainlink increased its strategic reserve by 91,100 LINKS. The purchase was worth approximately US$1.06 million, bringing the total reserve accumulation in the past 30 days to 511,000 LINK, worth approximately US$5.52 million today. So far, Chainlink's total strategic reserves have increased to 5.86 million LINKS, or approximately US$67.24 million.

This article does not constitute investment advice.

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