According to PANews, a notable investor known for its strategic trading, dubbed 'Smart Money,' has recently expanded its holdings by acquiring 250,000 LINK tokens. This purchase, valued at $7.27 million, was made at an average price of $29.1 per token over the past 13 hours. This move has elevated LINK to the second-highest valued asset in the investor's portfolio, trailing only Ethereum (ETH). The total value of the holdings now stands at $13.48 million.
The investor, recognized for its profitable trading strategies, previously gained attention for generating a profit of $14.26 million through the buying and selling of Wrapped Bitcoin (WBTC). This latest acquisition of LINK tokens underscores the investor's continued interest in diversifying its portfolio and capitalizing on potential market opportunities. The strategic increase in LINK holdings reflects a calculated approach to asset management, aligning with the investor's history of making informed and profitable decisions in the cryptocurrency market.