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7.4 million LINK worth $94.3M moved from noncirculating wallets to Binance deposit addresses

Market News
09 Oct 2026
Tokenpost
View Source
Neutral
7.4 million LINK worth $94.3M moved from noncirculating wallets to Binance deposit addresses

Two Chainlink noncirculating-supply multisig wallets transferred about 7.4 million LINK tokens, valued at roughly $94.3 million, to Binance deposit addresses on October 9. These transactions, occurring at 3:53 p.m. and 4:01 p.m. ET, involved wallets labeled Noncirculating Supply 17 and 24, indicating the movement of LINK tokens not previously part of the circulating supply. This significant transfer could impact market liquidity or signal upcoming trading activity on Binance. Investors should watch for further developments or price changes following this large token movement.

Following the large transfer of 7.4 million LINK tokens to Binance, Chainlink is trading at Rp228.340 on Pluang as of Oct 10, 2026 03:31 WIB, showing a modest 0.66% gain over the past day. The circulating supply stands at 748.1 million LINK, representing 75% of the total supply, with a market cap of Rp171.49 trillion. Trading activity on Pluang is fairly balanced, with 53% of orders selling and 47% buying, and typical holding time for LINK investors is 63 days.

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