#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 The most recent purchase was made three hours ago, with another 81,000 LINK tokens worth $1.59 million being withdrawn.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 of the address holder and the purpose of their 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. The most recent addition was made three hours ago, when the address withdrew another 81,000 tokens worth $1.59 million. This move has sparked market speculation, with some suggesting that 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."
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).