BREAKING

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

LINK

LINK/USDT

$8.49
+8.29%
24h Volume

$190,934,966.93

24h H/L

$8.60 / $7.783

Change: $0.8170 (10.50%)

Long/Short
71.6%
Long: 71.6%Short: 28.4%
Funding Rate

+0.0015%

Longs pay

Data provided by COINOTAG DATALive data
Chainlink
Chainlink
Daily

$8.18

-1.43%

Volume (24h): -

Resistance Levels
Resistance 3$9.3901
Resistance 2$8.88
Resistance 1$8.4789
Price$8.18
Support 1$7.9171
Support 2$7.4421
Support 3$6.996
Pivot (PP):$8.223
Trend:Downtrend
RSI (14):44.5

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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