#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 address last added to its position three hours ago, withdrawing another 81,000 tokens worth $1.59 million. The identity behind the address and its specific purpose for accumulating LINK remain unclear, but this action has undoubtedly sparked market speculation about the future direction 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. The most recent addition was made three hours ago, with another 81,000 LINK tokens withdrawn, worth $1.59 million. This move has sparked market speculation, with some suggesting the address may be linked to the incoming US president, labeling it a loyal supporter of "President Elect." However, there is currently no concrete evidence to support this claim, and the true identity and purpose of the address 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.
It is currently down $250,000.
The address last added to its position three hours ago, withdrawing another 81,000 LINK.
The address's actions may be related to the upcoming US presidential election.