#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 LINK, worth $1.59 million. The identity of the address holder and their motivation for accumulating LINK remain unknown, but the activity has drawn market attention, with some speculating that the address may be linked to the incoming US president.
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 accumulation occurred three hours ago, with the address withdrawing another 81,000 tokens worth $1.59 million. This move has sparked market speculation, with some suggesting the address could be a supporter of "the former president," as the accumulation timing coincides with the countdown to the US presidential election. However, there is currently no concrete evidence linking the address to any specific individual or entity. This event has also reignited market attention on the LINK token, and its price movement warrants further observation.
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 holdings three hours ago, withdrawing another 81,000 tokens ($1.59 million).
The address's accumulation has sparked market speculation about the price movement of LINK.