On-chain data from the crypto world shows an interesting phenomenon: a large investor has been accumulating LINK for the past six months.
Bought from a leading platform and a certain exchange, a total of 2.33 million coins were acquired, spending approximately 38.86 million USD. Based on the current price, this batch is worth about 28.38 million USD. A simple calculation shows a floating loss of nearly 10.5 million USD.
This continuous accumulation operation is either a bullish bet on long-term value at the bottom, or it’s a case of being trapped and still averaging down the cost. Regardless, the movement of funds of this size is worth paying attention to.
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TopBuyerBottomSeller
· 22h ago
Wow, this guy is betting his entire fortune, 2.33 million LINK directly unrealized losses of tens of millions?
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LiquidityHunter
· 22h ago
Damn, a loss of k and still holding on? I bet this guy is either crazy or really believes LINK will skyrocket, his guts are truly amazing.
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just_another_fish
· 23h ago
Wow, with so much money get dumped, still losing millions, is this big Satoshi wisdom or just a big fool?
A certain Whale has hoarded 2.33 million LINK in half a year, now with unrealized losses exceeding 10 million dollars.
On-chain data from the crypto world shows an interesting phenomenon: a large investor has been accumulating LINK for the past six months.
Bought from a leading platform and a certain exchange, a total of 2.33 million coins were acquired, spending approximately 38.86 million USD. Based on the current price, this batch is worth about 28.38 million USD. A simple calculation shows a floating loss of nearly 10.5 million USD.
This continuous accumulation operation is either a bullish bet on long-term value at the bottom, or it’s a case of being trapped and still averaging down the cost. Regardless, the movement of funds of this size is worth paying attention to.