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Crypto

B2C2 Nearly Exits LINK Position, Moves Altcoins to Exchanges

Crypto market maker B2C2 Group has been selling LINK in batches and has nearly emptied its holdings, with about 1,445 LINK worth roughly $13,000 left in its addresses, on-chain data from Arkham shows. The pace of the sales accelerated recently. During today’s market decline, B2C2 also transferred BNB, MORPHO, PEPE, ONDO and other altcoins to OKX, Binance and Coinbase, in what appears to be further selling.

Original source

AI take

Market makers moving inventory onto exchanges is routine, but the near-total unwind of a single token alongside transfers of several other altcoins during a broader decline is worth noting as a positioning signal rather than a directional one. B2C2's flows matter because its size can amplify moves in thinner books, so the tokens named here face closer scrutiny on liquidity. Whether the exchange-bound transfers convert into sustained selling, or the LINK exit marks the end of this rotation, is the open question to watch.

Generated by AI for reference only.

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