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Recently discovered an interesting on-chain operation. A certain Address has been quietly accumulating LINK since yesterday, and it has now reached a volume of 10.07 million dollars.
The specific number is 806,326 LINK, with an average cost price stuck at $12.49. From the cost to now, this position has already gained a floating profit of $161,000. This yield is quite good considering the recent market conditions.
The interesting part is that such large single entries often reflect the judgment of certain on-chain participants regarding the future market. Whether it's institutions or large holders, these types of operations usually deserve the attention of market participants. LINK, as a leading project in the oracle track, has always been a key focus of on-chain capital flows.