Whale 0x9fe Sells 185,000 LINK for $2.52M

Whale 0x9fe has reportedly sold a significant amount of LINK tokens through Bybit and decentralized exchanges (DEX).

Transaction Details:

Total Sold: 185,000 LINK ($2.52M)

Average Price: $13.598 per LINK

Breakdown of Sales:

Sold: 35,000 LINK for 457,411 USDT

Deposited: 150,000 LINK ($2.04M) to Bybit

Transaction Hashes:

Transaction 1: 0x9103f35229d0963170c8477bd64a019653391a608beed64ae4fa5c91b62d4071

Transaction 2: 0x70231c390238c74da85cc6cad008dafd7b7d628a8915638c3128f48d67ca9bbb

Transaction 3: 0x94a9c8fd68e9ef8acaa708b7ae79a920da982ef7a1b0fced7b1df5b34f9584f9

Whale Address: 0x9fe3a46341021d1a4d530aa32471e6c706ef4040

Current Profit and Holdings:

Estimated Total Profit: $1.4M (+7.96%)

Acquisition: 1.41M LINK from Coinbase and FTX at an average price of $12.44 (estimated cost: $17.54M) between January 31, 2022, and July 6, 2023

Sold: 885,000 LINK via FTX, Bybit, and DEX at an average price of $13.33 ($11.8M) since March 6, 2022

Current Holdings: 525,156 LINK ($7.14M)

Supplied to Compound: 300,000 LINK ($4.08M)

This activity highlights the whale's strategic selling and current profitable position with LINK tokens.