#Mystery address hoarding LINK#
Hot Topic Overview
Overview
A mysterious address has accumulated $4.75 million worth of LINK tokens over the past two weeks. The address withdrew 226,300 LINK from Binance between December 24th and January 10th at an average price of $20.98, currently sitting on a $250,000 unrealized loss. The most recent purchase was made three hours ago, with another 81,000 LINK tokens worth $1.59 million being withdrawn. The identity behind the address and the purpose of its LINK accumulation remain unknown.
Ace Hot Topic Analysis
Analysis
Recently, on-chain analyst @ai_9684xtpa has monitored a mysterious address that has accumulated $4.75 million worth of LINK tokens over the past two weeks. The address withdrew 226,300 LINK from Binance exchange between December 24th and January 10th at an average price of $20.98, currently experiencing a $250,000 unrealized loss. Notably, the address made another large purchase three hours ago, withdrawing 81,000 LINK tokens worth $1.59 million. This move has sparked market speculation, with some suggesting the address could be a supporter of "the Don," as the large purchase was made 10 days before "the Don's" inauguration. However, there is currently no concrete evidence linking the address to "the Don," and its true identity and purpose remain under investigation.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
The mysterious address has accumulated $4.75 million worth of LINK in the past two weeks.
The address withdrew 226,300 LINK from Binance at an average price of $20.98.
Currently, the address is down $250,000.
The last time the address added to its position was three hours ago, when it withdrew another 81,000 tokens ($1.59 million).