A whale who opened a LINK position two years ago has deposited 290,000 tokens into Gate.io in the past week and will make a profit of US$1.09 million if sold.

According to monitoring by on-chain analyst @ai_9684xtpa, in the past week, the giant whale that established a LINK position two years ago has deposited 290,000 tokens (worth US$4.22 million) into Gate. If all were sold, the profit would be US$1.09 million. The whale transferred a total of 433,366 LINK from Nexo and FTX between 2022.03.09 and 2023.08.14, with an average cost of US$10.78; it currently holds 146,000 LINK, with a floating profit of US$590,000.