#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 LINK, worth $1.59 million. The true identity of the address and its specific purpose for accumulating LINK remain unclear, but this move has sparked market speculation about the future trajectory 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 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 another 81,000 tokens worth $1.59 million just three hours ago in its latest accumulation. This move has sparked market speculation, with some suggesting the address might be linked to the incoming US president, labeling it a staunch supporter of "President's Choice." However, there is currently no concrete evidence to prove the address's association with any specific individual or entity.
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 experiencing a $250,000 loss.
The address last added to its holdings three hours ago, withdrawing another 81,000 tokens ($1.59 million).
The address's accumulation has sparked market speculation, with some believing it could be a bullish signal for LINK's future price.