BREAKING
250d 22h ago

Chainlink Dormant Wallet Recharge Yields Potential $1.06M Profit with 1958% ROI

LINK

LINK/USDT

$8.87
+0.80%
24h Volume

$277,398,300.61

24h H/L

$9.05 / $8.78

Change: $0.2700 (3.08%)

Long/Short
71.8%
Long: 71.8%Short: 28.2%
Funding Rate

-0.0049%

Shorts pay

Data provided by COINOTAG DATALive data
Chainlink
Chainlink
Daily

$8.88

-0.34%

Volume (24h): -

Resistance Levels
Resistance 3$11.1648
Resistance 2$9.6304
Resistance 1$9.0383
Price$8.88
Support 1$8.7637
Support 2$7.92
Support 3$7.15
Pivot (PP):$8.9033
Trend:Downtrend
RSI (14):31.4

According to on-chain analyst Ai Auntie (@ai_9684xtpa), a previously inactive Chainlink wallet transferred 79,474 LINK tokens to Coinbase approximately five years ago, valued at around $1.12 million. These tokens, originally acquired from multiple addresses between October 2018 and February 2020, had an initial cost basis of just $0.6865 per LINK. The subsequent recharge price was recorded at $14.13 per token. Should these assets be liquidated at current market rates, the investor stands to realize a substantial return on investment, potentially reaching 1958%, equating to a profit exceeding $1.06 million. This transaction highlights the significant appreciation of Chainlink within the crypto market over the past several years, underscoring the importance of strategic asset management and timing in maximizing portfolio gains.

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