#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 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. The true identity and purpose of the address remain unknown, but this activity has undoubtedly fueled speculation about the future trajectory of LINK.
Ace Hot Topic Analysis
Analysis
Recently, on-chain analyst @ai_9684xtpa discovered a mysterious address that has been accumulating $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 experiencing a $250,000 unrealized loss. The most recent addition was made three hours ago, with another 81,000 tokens worth $1.59 million withdrawn. This mysterious address's actions have sparked market speculation, with some believing it could be a "Trump supporter" ahead of the "Presidential Selection," while others believe it could be institutional investors bullish on LINK's future prospects. Currently, the true identity and purpose of the address remain unclear, but its large-scale accumulation of LINK has undoubtedly had a significant impact on the market, leaving LINK's future trajectory uncertain.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Mysterious address has accumulated $4.75 million worth of LINK in the past two weeks.
The address withdrew from Binance.
Currently, it is down $250,000.
The last time the address added to its holdings was three hours ago, when it bought another 81,000 tokens.
The address's accumulation behavior may be related to the upcoming Trump's return.