#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, drawing 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 The most recent accumulation occurred three hours ago, with another 81,000 LINK tokens withdrawn, worth $1.59 million. The true identity of the address and the specific purpose of 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
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 added another 81,000 LINK tokens worth $1.59 million just three hours ago in its latest accumulation. This move has sparked market speculation, with some suggesting the address could be a supporter of "the former president," as the timing of the accumulation coincides with the countdown to the US presidential election. However, there is currently no concrete evidence to prove any connection between the address and "the former president." Despite the current unrealized loss, the address's continued accumulation suggests an optimistic outlook on the future trajectory 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, currently experiencing a $250,000 loss.
The address last added to its position three hours ago, withdrawing another 81,000 tokens ($1.59 million).
The address's actions have sparked market speculation, with some suggesting it could be a loyal follower of "Trump's Picks".