Data: A certain whale is suspected of buying over 15 million USD LINK through OTC trading from a Revolut custodial wallet in the past 7 days

According to Arkham monitoring, during the market downturn, a certain whale is suspected of "buying the dip" and continuously increasing its position in LINK tokens, having spent approximately 15.12 million USD to purchase 1.405 million LINK over the past 7 days. Currently, its holdings are showing an unrealized loss of about 1 million USD.

It is worth noting that the relevant LINK source points to the custodial wallet address of Revolut on Coinbase. The market speculates that this giant whale may have purchased LINK at a significant discount through over-the-counter (OTC) trading, thereby reducing the actual cost of building its position. This may explain why the giant whale continues to increase its holdings in LINK despite the unrealized losses on paper.