#Mystery address hoarding LINK#
Hot Topic Overview
Overview
A mysterious address has accumulated $4.75 million worth of LINK 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 purchase occurred three hours ago, with the address withdrawing another 81,000 tokens worth $1.59 million. The identity of the address holder and their intentions for accumulating LINK remain unclear, but this activity has fueled 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 been accumulating LINK tokens worth $4.75 million 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. The identity of the address holder and the specific purpose of accumulating LINK tokens remain unclear. Some analysts speculate that the address may belong to a loyal supporter of a certain "know-it-all," as the accumulation timing coincides with the countdown to the US presidential election. However, there is currently no concrete evidence to support this speculation.
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, it is experiencing a floating loss of $250,000.
The address last added to its position three hours ago, withdrawing another 81,000 LINK.
The address's actions have sparked market speculation about the price of LINK.