LINK Whale Transfers 200,000 Tokens to Kraken, Locking in Potential 2,635% Gain After Multi-Year Hold
A large LINK holder transferred 200,000 LINK to Kraken at an average price of $8.98 about five hours ago, for a total value near $1.8 million, on-chain analyst Ai Yi (@ai_9684xtpa) reports. The address had accumulated these tokens between March 2018 and June 2019 at an average cost of roughly $0.3283, for an estimated total outlay of about $66,000. If the entire deposit were sold at the stated price, the holder's unrealized profit would be around $1.73 million, implying an approximate return of 2,635%. Following this transaction, the address holds zero LINK.