BOOK OF MEME

Chainlink

Memecoin

MEME

FOMO

<p>A high-net-worth Chainlink investor, identified by the address 0x7d2, has made a substantial move amidst the recent bearish sentiment in the cryptocurrency market. According to data from SpotOnChain, this whale has withdrawn a staggering 150,000 LINK tokens, worth approximately $2.71 million at the current price of $18.06, from Binance in a single transaction.</p>
<p>The transaction, with the hash 0xd146206d236cd2c342f7543f1688b41257189fa7b73b118cf3e65d1c12dd3ee3, represents a significant accumulation of LINK by the whale during a period of market downturn. Notably, this is not the first time this investor has exhibited such behavior, as they have been actively trading LINK since January 28, 2024.</p>
<figure class="wp-block-image size-large is-resized"><img loading="lazy" decoding="async" width="1024" height="617" src="https://captainaltcoin.com/wp-content/uploads/2024/04/image-103-1024x617.png" alt="" class="wp-image-466590" style="width: 100%;height:auto" srcset="https://captainaltcoin.com/wp-content/uploads/2024/04/image-103-1024x617.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-103-300x181.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-103-768x463.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-103-1536x926.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-103-2048x1235.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-103-249x150.png 249w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-103-100x60.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-103-580x350.png 580w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-103-788x475.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/04/image-103.png 942w" sizes="(max-width: 1024px) 100vw, 1024px">
 <figcaption class="wp-element-caption">
  Source: <a href="https://platform.spotonchain.com/en/signal-details/whale-withdrew-link-from-binance-78780" target="_blank" rel="noopener noreferrer nofollow">SpotOnChain</a>
 </figcaption>
</figure>
<p>Despite the volatile market conditions, the whale’s LINK trades have yielded an estimated total profit of $1.63 million, representing a 5.72% gain on their investment. However, it is worth noting that the whale has displayed a tendency to engage in FOMO (Fear Of Missing Out) trading, withdrawing LINK at highs and depositing it at lows on multiple occasions.</p>
<p>Even after this substantial withdrawal, the whale’s address (0x7d29eaca95d148629843d87c8d24fbaa6ad485a1) still holds an impressive 550,000 LINK tokens, valued at approximately $9.93 million at the current market price.</p>
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0"><i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK? <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style>
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px">
    <p>The key? Getting in early, especially during the <strong>ICO phase</strong>. Check out <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>NuggetRush</strong></a> today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. <a href="https://captainaltcoin.com/go/ll_inside/" target="_blank" rel="noopener noreferrer nofollow"><strong>Seize the opportunity</strong></a> with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div>
 </div>
</div>
<p>As a seasoned crypto investor, I find this whale’s accumulation strategy during the market downturn to be intriguing. While the cryptocurrency market has been experiencing a broad correction, with LINK itself down 12% this week, this whale appears to be taking advantage of the discounted prices to increase their holdings.</p>
<p>Such a substantial accumulation of LINK by a high-net-worth investor could be interpreted as a vote of confidence in the long-term potential of the Chainlink project and its native token. It is possible that this whale believes that the current market conditions present an attractive entry point for acquiring LINK at a relatively low price.</p>
<p>However, it is crucial to remember that the actions of individual whales do not necessarily dictate the future trajectory of a cryptocurrency.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/bitcoin-and-altcoins-bleeding-but-heres-why-community-expects-a-quick-rebound/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin and Altcoins Bleeding, But Here’s Why Community Expects a ‘Quick Rebound’</a></li>
 <li><a href="https://captainaltcoin.com/why-is-the-crypto-market-down-today-22/" target="_blank" rel="noopener noreferrer nofollow">Why is the Crypto Market Down Today?</a></li>
 <li><a href="https://captainaltcoin.com/book-of-meme-bome-poised-for-massive-move-analysts-predict-these-next-price-targets-for-the-solana-memecoin/" target="_blank" rel="noopener noreferrer nofollow">BOOK OF MEME (BOME) Poised for “Massive Move”: Analysts Predict These Next Price Targets for the Solana Memecoin</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check NuggetRush ($NUGX)</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy NUGX Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/chainlink-whale-massively-accumulates-link-during-market-downturn/" rel="noopener noreferrer nofollow">Chainlink Whale Massively Accumulates LINK During Market Downturn</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Chainlink Whale Massively Accumulates LINK During Market Downturn

Innehållsförteckning

CaptainAltcoin

Andra artiklar publicerade 2 apr. 2024

Dogwifhat Price Forecast: Why WIF Eyes $5 Highs Amid Crypto Market Volatility

Cryptocurrency Market Update: Tracking Ethereum, BNB, and Solana’s Price Movements

Solana Price Prediction For April: Many Indicators Hint at a Potential SOL Bullish Break…

Bitcoin Maintains Stability While CORE Token Skyrockets

Legendary Investor Robert Kiyosaki Reveals What He Would Do If Bitcoin Price Drops to $200

Nexo & 35+ Crypto Giants Rally for Bitcoin Emoji, Targeting 50,000 Endorsements

Prenumerera på vårt nyhetsbrev och få kryptouppdateringar varje dag!