Whale Moves 404,000 LINK Worth $5.55 Million From Coinbase

Blockchain data shows whale 0x4bD withdrew 404,000 LINK from Coinbase and amassed over $51 million in LINK holdings in four months at $15.56 average price.

LINK

Summary

On January 19, blockchain data from The Data Nerd revealed whale address 0x4bD withdrew 404,000 LINK tokens from Coinbase, valued at $5.55 million. Over the past four months, the investor has accumulated 3.32 million LINK, worth $51.62 million, at an average purchase price of $15.56 per token.

Terms & Concepts
  • Whale: An individual or entity that holds large amounts of cryptocurrency, capable of influencing market movements.
  • LINK: The native cryptocurrency of Chainlink, a blockchain-based oracle network enabling smart contracts to access real-world data.
  • Coinbase: A major U.S.-based cryptocurrency exchange platform for buying, selling, and storing digital assets.