#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 identity and motivation behind the address remain unknown, but the activity has drawn market attention, with some analysts speculating it could be related to the upcoming US presidential election.
Ace Hot Topic Analysis
Analysis
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 exchange between December 24th and January 10th at an average price of $20.98, currently experiencing a $250,000 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 unclear. Some analysts speculate that the address could belong to supporters of "the former president," as the timing of the purchases coincides with the countdown to his inauguration. However, there is 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 LINK worth $1.59 million.