A whale, who lately opened a 50x lengthy place on Ethereum (ETH) and was recognized for deliberately liquidating it, appears to have set his sights on Chainlink (LINK) this time.
Based on the information, the whale pockets offered 18.36 million LINK price $1.34 million within the final two hours, incurring a complete lack of $512,000, or 2.7%. On-chain knowledge reveals that the typical LINK value for the sale was $13.7.
As well as, the information reveals that this whale additionally closed lengthy positions for LINK on GMX, and on this platform the whale made a revenue of $195,000. On the Hyperliquid platform, the cryptocurrency whale, the LINK whale, closed lengthy positions and transformed them into Bitcoin quick positions with 40x leverage, and on the time of writing this text, it has an unrealized revenue of $290,000.
This habits by the whale pockets got here after the tokens from Chainlink’s main token unlock entered the market and the BTC value elevated by 4%.
*This isn’t funding recommendation.