Gate Square “Creator Certification Incentive Program” — Recruiting Outstanding Creators!
Join now, share quality content, and compete for over $10,000 in monthly rewards.
How to Apply:
1️⃣ Open the App → Tap [Square] at the bottom → Click your [avatar] in the top right.
2️⃣ Tap [Get Certified], submit your application, and wait for approval.
Apply Now: https://www.gate.com/questionnaire/7159
Token rewards, exclusive Gate merch, and traffic exposure await you!
Details: https://www.gate.com/announcements/article/47889
500,000 LINK tokens large inflow into exchanges, on-chain whales realize a 1.8% unrealized profit in 4 months
【BitPush】According to on-chain data monitoring, a large LINK transfer just occurred. An address starting with 0×164 transferred 500,000 LINK to an exchange address associated with GSR Markets 10 minutes ago. Based on the current price, this is worth approximately $6.77 million.
The background of this fund warrants attention. Tracking shows that these 500,000 LINK come from two addresses established in mid-2022 (June-July). The average cost at that time was $13.06 per token. The current deposit price is $13.54.
A simple calculation shows that this wallet has a floating profit of about $0.48 per token since its inception. From a price perspective, the increase isn’t significant, but depositing into an exchange usually indicates that the holder might be considering adjusting their position. From a market perspective, the movements of large whales often reflect institutional expectations for the subsequent market trend.