Here’s a story that went almost unnoticed: some ‘humble’ crypto whale shelled out $21 million for Chainlink. LINK, which most people still confuse with some parking app.
So what happened? According to Lookonchain, this anonymous strategist bought nearly a million LINK tokens through five different wallets. Five! Because apparently, if you are a wealthy whale, one wallet is just not enough.
This is not just some random newbie who dumped their salary into a meme coin after a couple of TikTok videos. No. This guy has a track record that makes Wall Street twitch nervously:
He exited ETH ahead of the UST/LUNA crash.
He sold SHIB during the hottest days of the 2021 hype.
He made millions on the USDC de-peg while others were panicking and refreshing Twitter.
In other words, this person knows how to press the buttons at the right moment. And now he pressed the ‘BUY’ button on LINK.
Why?
Maybe he sees Chainlink as the future foundation of the entire decentralized internet. Maybe he understands that LINK is needed by every DeFi protocol to avoid turning into a house of cards. Or, and this is the most interesting option, he simply knows that the crowd isn’t in the loop yet. And when the crowd wakes up, the price won’t be $24, but $40.
And here’s the main question: if this whale is really that smart, why is he going against the ‘expert advice’ that keeps insisting that ‘the altseason is over’? Maybe it’s because the ‘experts’ never make money. And it’s these clever guys, who pretend not to exist, that actually do.
So be careful. If LINK is at $30 tomorrow, you’ll know it’s not just a coincidence. It’s because someone with big money and cold calculation decided it was time.