BREAKING
429d 0h ago

LINK Whale Sells $3.52 Million Worth of Chainlink After Years of Dormancy: A 7655% Return

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

On December 8th, COINOTAG News reported a significant development in the cryptocurrency market. According to the monitoring by @ai_9684xtpa, a noteworthy whale address that had amassed a substantial holding of Chainlink (LINK) over seven years has executed a sale at a price point of $0.3283. This address, which had previously accumulated approximately 9.81 million LINK between March 2018 and June 2019, transferred 520,000 LINK through multiple transactions to facilitate the current sell-off. Just five hours prior to the news report, this address deposited 140,000 LINK into Binance, potentially unlocking a profit of approximately $3.52 million, thereby achieving an astonishing return of 7655%. Remarkably, this account had remained dormant for over a year before this recent activity, showcasing the dynamic nature of crypto investment behavior.

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