A Chainlink whale who bought tokens at $1.69 seven years ago moved large holdings between Kraken wallets, realizing over $1 million profit with a 460% return.
A whale address identified as 0BA9 withdrew 159,300 LINK from Kraken and redeposited 130,500 LINK about 12 hours later, according to The Data Nerd. Originally purchased around seven years ago at $1.69 per token, the holdings have generated roughly $1.02 million in profit, equating to a 460% return on investment. The movements suggest significant profit-taking by a long-term holder and highlight the impact of whale transactions on market liquidity.