PANews, March 14: According to on-chain analyst Ai Yi, a large holder of LINK who acquired tokens at a cost as low as $0.3283 and remained inactive for a year appears to have resumed selling, realizing a return of 2,635%. Five hours ago, this whale deposited 200,000 LINK into Kraken, valued at $1.8 million at a price of $8.98 per token. The whale originally accumulated these tokens between March 2018 and June 2019 at $0.3283 each; if sold at current prices, the profit would amount to $1.73 million.
LINK whale sells 200,000 tokens after one-year dormancy, potential profit of $1.73M
PANewsShare
Summary
A major LINK whale, inactive for a year, transferred 200,000 tokens to Kraken, valued at $1.8 million at $8.98 per token. The whale originally purchased the tokens between March 2018 and June 2019 at $0.3283 each, potentially realizing a $1.73 million profit. This movement occurs amid recent token launch announcements and speculation surrounding new token listings.
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