$5.87 Million - 403,000 LINK
The whale wallet 0x7fBB...53B has begun selling the large amount of Chainlink ($LINK) tokens it has held for about a year.
๐ Between March 2023 and March 2024, it withdrew 1.75 million LINK (approximately $12.3 million) from the Kraken exchange.
๐ Average purchase price: $7.03
๐ As of May 27, 2025, 403,000 LINK (approximately $5.87 million) were sent to Binance.
๐ There are still 1.35 million LINK in the wallet (worth $18.6 million).
๐ Total realized profit: $12 million
๐ Potential profit during peak valuation: $39 million
These sales could put short-term pressure on the LINK price. However, considering the assets in the wallet, the whale has not yet sold the majority of its LINK holdings.
