#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 unrealized loss. The most recent purchase occurred three hours ago, with the address withdrawing another 81,000 LINK, worth $1.59 million. While the address is currently in the red, its continued accumulation has fueled 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 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 floating loss of $250,000. The most recent accumulation occurred three hours ago, with the address withdrawing another 81,000 tokens worth $1.59 million. The identity of the address holder and the specific purpose of their LINK accumulation remain unclear, but this move has sparked market speculation. Some believe the address may be a supporter of "the former president," as the accumulation timing coincides with the countdown to his inauguration. However, there is currently no concrete evidence to support this speculation, and the true identity and purpose of the address still require further observation and analysis.
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 and has been continuously adding to its position recently.
The address withdrew 226,300 LINK from Binance and is currently down $250,000.
The address's accumulation behavior may be related to the upcoming inauguration of the former president, and is considered a loyal supporter of the "President's Choice."
The address's accumulation behavior may be related to the future development prospects of LINK, and is optimistic about the value potential of LINK.