#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 The most recent purchase occurred three hours ago, with another 81,000 LINK tokens worth $1.59 million being withdrawn. The identity behind the address and the specific purpose of its LINK accumulation remain unclear.
Ace Hot Topic Analysis
Analysis
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 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 occurred three hours ago, with the address withdrawing another 81,000 LINK, worth $1.59 million. The identity and motivation behind the address remain unclear, but this action has sparked market speculation about the future direction of LINK. Some analysts believe this could be a bullish signal for LINK, while others believe it may be a short-term speculative move by the address.
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 at an average price of $20.98.
Currently, the address is holding LINK at a loss, with an estimated loss of $250,000.
The address last added to its position three hours ago, withdrawing another 81,000 LINK worth $1.59 million.