A major cryptocurrency holder has reportedly sold 441,000 LINK tokens through GSR Markets, incurring an estimated loss of $1.77 million. The address 0xd7C...EA229 transferred $3.84 million worth of LINK to a GSR Binance deposit address just 10 minutes ago. The funds were originally withdrawn from Binance between June and October 2024 at an average price of $12.7 per LINK. The current deposit price is $8.69, marking a 32% depreciation in asset value since acquisition. The suspected selling address is 0xd7C99242B4251feE97C54D89120E8B36883EA229, with initial purchases traced back to addresses 0xDCdcF7092613bE30c17F2B81017D73e618b69705 and 0x67b4b08979251277355A1b8209512C1D3849C624.
Whale Sells 441,000 LINK via GSR Markets, Incurs $1.77M Loss
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
