#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 The most recent purchase was made three hours ago, with another 81,000 LINK tokens worth $1.59 million being withdrawn. The identity of the address holder and the specific purpose of accumulating LINK remain unknown.
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 accumulation occurred three hours ago, with the address withdrawing another 81,000 tokens worth $1.59 million. This behavior has been interpreted by some analysts as bullish on LINK, linking it to the upcoming US presidential election and suggesting the address could be a staunch supporter of "President Elect." However, the true identity of the address and its specific purpose for accumulating LINK remain unclear, leading to speculation within the market.
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.
In its latest purchase, the address withdrew another 81,000 tokens ($1.59 million).
The address's actions have sparked market interest in the price movement of LINK.