Chainlink Whales Move $9M in LINK From Binance as Price Nears $19.91 Breakout Level

A whale transferred 490,188 LINK worth $9 million from Binance to a newly created wallet, increasing its holdings to 771,095 LINK ($14 million), according to Onchain Lens. The withdrawal aligns with a broader trend of large holders moving tokens off exchanges, reducing immediate sell-side pressure. Open interest in LINK futures rose 7.7% to $694.85 million, while price action shows a tightening bullish pennant near $19.91 resistance. Technical indicators suggest potential for upward momentum if buying strength persists.