#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 experiencing 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 true identity of the address and its specific purpose for accumulating LINK remain unclear, but its large-scale buying activity has sparked market speculation about the future trajectory of LINK.
Ace Hot Topic Analysis
Analysis
A mysterious address has accumulated $4.75 million worth of LINK tokens over the past two weeks, drawing market attention. 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 loss. Notably, the address added another 81,000 LINK, worth $1.59 million, from Binance just three hours ago. This action has sparked market speculation, with some suggesting the address could be a supporter of "the former president," as the timing of the purchase coincides with the countdown to his inauguration. However, there is currently no concrete evidence to prove any connection between the address and "the former president," and its true identity and purpose remain to be observed.
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 LINK from Binance at an average price of $20.98.
It is currently down $250,000.
The address last added to its holdings three hours ago, withdrawing another 81,000 LINK worth $1.59 million.
The address's actions have sparked market speculation.
Some believe it is a loyal supporter of 'President Elect'.