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Chainlink (LINK) Tokens Traced to Revolut-Associated Coinbase Custody Address

The whale is suspected of buying about 1.405 million LINK for roughly $15.12 million over seven days. Its holdings showed an estimated $1 million unrealized loss.

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Seven cobalt chain links rest on a tilted brushed-steel tray / TokenPost.ai
Seven cobalt chain links rest on a tilted brushed-steel tray / TokenPost.ai

A crypto whale is suspected of buying about 1.405 million Chainlink (LINK) for roughly $15.12 million over seven days as the market declined. The whale’s holdings showed an estimated unrealized loss of about $1 million.

The tokens were traced to a Coinbase custody address associated with Revolut. The wallet activity indicates accumulation, while the buying itself remains suspected.

An unrealized loss is an estimated decline in the value of assets that are still held.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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