#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 sitting on a $250,000 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 this move has undoubtedly 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 made another large purchase three hours ago, withdrawing 81,000 LINK worth $1.59 million. This move has sparked market speculation, with some suggesting the address could be a supporter of "懂王" (a term often used to refer to former US President Donald Trump), as the large-scale accumulation of LINK occurred 10 days before his inauguration. However, there is currently no concrete evidence to prove any connection between the address and "懂王," and its true identity and purpose for accumulating LINK remain a mystery.
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).