A major whale withdrew 83,000 ETH and 1.62 million LINK from a centralized exchange (CEX) through 10 new wallets, possibly as part of a wallet reorganization.

CoinFeed reported on March 25th that, according to Lookonchain monitoring, a mysterious whale created 10 new wallets, withdrawing 83,000 ETH ($178 million) and 1.62 million LINK ($14.8 million) from Binance and Bybit, and then distributed these tokens to multiple wallets. However, these tokens were not recently purchased—the whale is likely reorganizing its wallets through exchanges. Multiple wallets have been observed depositing 83,000 ETH ($178 million) and 1.62 million LINK ($14.8 million) into Flowdesk-related deposit addresses.