LINK Whale Sells $3.52 Million Worth of Chainlink After Years of Dormancy: A 7655% Return
LINK/USDT
$190,934,966.93
$8.60 / $7.783
Change: $0.8170 (10.50%)
+0.0015%
Longs pay
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.
