BREAKING

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

LINK

LINK/USDT

$8.612
-0.97%
24h Volume

$123,004,559.54

24h H/L

$8.757 / $8.575

Change: $0.1820 (2.12%)

Long/Short
67.5%
Long: 67.5%Short: 32.5%
Funding Rate

+0.0025%

Longs pay

Data provided by COINOTAG DATALive data
Chainlink
Chainlink
Daily

$8.641

0.12%

Volume (24h): -

Resistance Levels
Resistance 3$9.3243
Resistance 2$8.9826
Resistance 1$8.8213
Price$8.641
Support 1$8.5637
Support 2$8.3763
Support 3$8.1917
Pivot (PP):$8.654
Trend:Uptrend
RSI (14):63.3

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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