A significant transfer of LINK tokens by a prominent holder indicates a strategic move amidst a substantial sell-off, with potential profits highlighted.
An on-chain analyst revealed that a whale transferred 170,000 LINK tokens to Kraken, valued at $3.23 million. These tokens were acquired at $14.46 each, and with the current price at $18.99, the potential profit stands at $770,000. The whale has reportedly sold 90% of its holdings over the past nine months, leaving only 20,000 tokens.