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Unknown Wallet Accumulates $10M LINK, Profits $161K

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Unknown Wallet Accumulates $10M LINK, Profits $161K
Key Points:
  • New ETH wallet accumulates over $10M in LINK.
  • Position shows $161K unrealized profit.
  • Activity tracked by on-chain analysts.

A newly-created Ethereum wallet has amassed 806,326 LINK tokens worth $10.07 million since December 20, 2025, achieving an unrealized profit of $161,000. On-chain tracking indicates purchases were made through $2.5M withdrawals from Binance.

An unidentified Ethereum wallet amassed 806,326 LINK tokens worth $10.07 million over two days via Binance, showing a $161,000 unrealized profit as of December 22, 2025.

Wallet 0xf440838830CC265DB72C81bfBa240E5A4cEb1CC4โ€˜s large LINK acquisition suggests potential market influences, with notable exchange outflow patterns.

The new Ethereum wallet activated on December 10, 2025, initiated LINK accumulation from December 20, acquiring 806,326 tokens worth $10.07 million at an average cost of $12.49. The whale activity is observed with Binance outflows totaling approximately $10 million. Analyst @ai_9684xtpa and @lookonchain note this as part of a broader buying spree across multiple wallets, influencing LINKโ€™s liquidity.

โ€œA new wallet 0xf440838830CC265DB72C81bfBa240E5A4cEb1CC4 accumulated 806,326 LINK (about $10.07 million) since yesterday with an average withdrawal price of $12.49โ€ฆ. the position shows an unrealized profit of approximately $161,000.โ€ โ€“ @ai_9684xtpa, Twitter Analyst

The substantial wallet activity contributes to reduced LINK supply on exchanges. Increased market volume and a decrease in exchange-held LINK emphasize a bullish accumulation trend. Binance reported over 7% of LINKโ€™s trading volume, aligning with historical outflow-response patterns preceding significant rallies.

The potential for market rallies is supported by historical trends of similar exchange outflows, notably antecedent to spikes in asset prices. This accumulation echoes patterns from previous years, with insider knowledge potentially guiding substantial market gains. Exchange and on-chain reactions solidify whale influence observations, depicting strategic asset positioning with broader market implications.

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