In a current transfer that has caught the eye of the crypto neighborhood, 2,000,000 Chainlink (LINK) value roughly $31.2 million had been transferred in minutes from Robinhood to an unknown pockets. The big transaction, flagged by on-chain trackers, occurred in a single transaction.
Blockchain knowledge tracker Whale Alert reported, “2,000,000 LINK value $31,244,919 transferred from Robinhood to unknown pockets.”
🚨 🚨 2,000,000 #LINK (31,244,919 USD) transferred from #Robinhood to unknown wallethttps://t.co/fR4LBCRVut
— Whale Alert (@whale_alert) Could 20, 2025
Though the precise cause for the transfer stays unknown, such transfers might need numerous implications. Withdrawals from exchanges suggest shopping for, whereas deposits may reveal an intent to promote. That mentioned, the transfer may reveal that of whale accumulation or a big holder shifting belongings to chilly storage. The transfer is perhaps that fund’s reshuffling.
At press time, Chainlink was up 0.27% within the final 24 hours to $15.46 and down 7.17% weekly.
Chainlink updates
Chainlink not too long ago introduced that the CCIP v1.6 improve is now stay on the mainnet. This launch contains help for non-EVM blockchains, starting with the Solana mainnet.
This launch additionally contains architectural enhancements that scale back execution prices for customers and enhance the pace with which further EVM and non-EVM chains could also be merged with CCIP, leading to safe, cost-effective scalability to a whole lot extra blockchains.
CCIP v1.6 lets token producers equivalent to Solv, Backed Finance, Shiba Inu and others combine their present CCIP-powered tokens into the Solana ecosystem by leveraging the Cross-Chain Token (CCT) normal.
Along with supporting Solana, the v1.6 improve permits CCIP to quickly increase its chain protection in response to rising demand for protected cross-chain interoperability. CCIP at present helps over 57 blockchains on the mainnet and has built-in 26 networks this 12 months.
