#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 paper loss. The most recent purchase occurred three hours ago, with the address withdrawing another 81,000 tokens worth $1.59 million. The true identity of the address and its purpose for accumulating LINK tokens remain unknown.
Ace Hot Topic Analysis
Analysis
On-chain analyst @ai_9684xtpa recently detected 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 added another 81,000 LINK, worth $1.59 million, three hours ago in its latest accumulation. This action has sparked market speculation, with some suggesting the address could be a supporter of "the former president," as the timing of its accumulation coincides with the countdown to his inauguration. However, there is currently no concrete evidence linking the address to "the former president." Despite the current unrealized loss, the address's continued accumulation suggests its confidence in the future development of LINK tokens.
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, with an average price of $20.98.
Currently, the address holds LINK with a floating loss of $250,000.
The address last added to its position three hours ago, withdrawing another 81,000 LINK, worth $1.59 million.