#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, sparking market attention. 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 accumulation occurred three hours ago, with the address withdrawing another 81,000 LINK, worth $1.59 million. The identity of the holder and the purpose behind the accumulation remain unclear, but the move has fueled speculation about the future direction of LINK.
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 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 experiencing a floating loss of $250,000. The most recent addition was made three hours ago, with another 81,000 tokens withdrawn, worth $1.59 million. The identity of the address holder and the specific purpose of accumulating LINK remain unclear. Some analysts speculate that the address holder may be a supporter of "the former president," as the time of the addition coincides with the countdown to his inauguration. However, there is currently no concrete evidence to support this speculation.
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.
The address is currently down $250,000.
The address last bought more LINK three hours ago, withdrawing another 81,000 tokens ($1.59 million).