Yesterday, several notable transactions by crypto whales have been observed, sparking curiosity among market watchers. Here's a rundown of the major movements.
Several large cryptocurrency transactions, termed "whale transactions" by crypto enthusiasts, have been spotted by crypto analysts, indicating major crypto movements.
Here are some major transactions that were identified over the past 24 hours by crypto analysts.
One analyst from Onchain Lens has pointed out a large deposit of 659,415 Chainlink (LINK) tokens, valued at approximately $9.42 million, into Coinbase from a major LINK holder.
This large holder stands to make a profit of $3.53 million if the tokens are sold, considering the purchase price of the tokens over the past two years.
The investor has been building this position slowly over the past two years, with a total of $5.85 million in LINK being credited to this address before this final move, signaling a strategy of long-term accumulation.
This LINK holder is closing out a huge position. 659,415 LINK (≈$9,421,688) was deposited into Coinbase from a major LINK holder. They'll be making a profit of ≈$3,533,143 if the tokens are sold. This investor has been building this position slowly over the past 2 years. A total of $5,853,944 in LINK was credited to this address. Long-term accumulation.
CoinsBanker.io | Lens
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