Dormant LINK whale deposits 200,000 LINK to Kraken, sitting on 2,635% profit

A Chainlink (LINK) whale that had been dormant for over a year has deposited approximately 200,000 LINK to Kraken, according to analyst ai_9684xtpa. The analyst noted that the deposit is worth $1.8 million, based on an average price of $8.98 per token. This whale reportedly accumulated the LINK between March 2018 and June 2019 at an average price of $0.3283. A sale at current prices would represent a profit of about $1.73 million, a return of approximately 2,635%. On-chain data suggests that this deposit has nearly cleared out the wallet's entire LINK holdings.