#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 unrealized loss. The most recent purchase occurred three hours ago, with the address withdrawing another 81,000 LINK, worth $1.59 million. The identity and purpose of the address remain unknown, but its large-scale purchases have drawn market attention.
Ace Hot Topic Analysis
Analysis
Recently, on-chain analyst @ai_9684xtpa discovered 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. Notably, the address added to its position three hours ago, withdrawing another 81,000 LINK from Binance, worth $1.59 million. The true identity of the address and the specific purpose of accumulating LINK remain unclear, but this action has sparked market speculation. Some believe the address may be linked to the incoming US president and associate it with the "President's Choice" loyalists. However, there is currently no concrete evidence to support this speculation, and further observation and analysis are needed to determine the reason.
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 loss of $250,000.
The address last added to its holdings three hours ago, withdrawing another 81,000 LINK.
The address's actions may be related to the upcoming US presidential election.