Data: Suspected Same Institution Address Deposits $3.75 Million in LINK to CEX, Potential Profit of $764,000 if Sold
According to on-chain analyst @ai_9684xtpa, three addresses suspected to belong to the same institution or whale deposited approximately $3.75 million worth of LINK to a CEX two hours ago. If sold entirely, it is expected to realize a profit of about $764,000.
On-chain data shows that these three addresses accumulated LINK between June and October 2024, with an average purchase price of around $13, while the price of LINK at the time of this deposit was $15.86.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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