THELOGICALINDIAN - A banker who placed an adjustment for LINK on Binance in January 2024 got acutely advantageous back the asset beam comatose today on Binance The traders adjustment partially abounding acceptance them to acquirement 900K tokens at 00001 each
A accord so good, it feels like a steal
An adjustment placed on the aboriginal day that Binance offered LINK trading, January 16th, 2024 was partially abounding today acceptance a advantageous banker to buy 900K LINK tokens for about $90 dollars. The Chainlink asset has been one of the arch altcoins of 2024, and was trading at $4.68 at the alpha of this month.
Currently, the badge is priced at $2.69, bottomward essentially afterwards the crypto bazaar blast that took abode over the aftermost 24 hours. It was during this bazaar blast that LINK had an abstract beam blast of its own, bringing its amount bottomward 99% for a few moments during the accomplished point of volatility. The adjustment was so old, it was placed afore Binance had amount bandage restrictions.
It was during the LINK beam blast that a advantageous banker was adored with 900K LINK tokens for the amazingly low amount of about $90 dollars. This is an ballsy windfall, as the badge had been aerial due to ascent partnerships with abounding DeFi projects who are alert of answer abetment attacks.
LINK is a agreement for accouterment blockchain oracles to augment real-world abstracts into acute affairs for DeFi platforms, DEXs and added blockchain projects that await on abstracts feeds for acute arrangement automation and execution.
LINK has become the blockchain answer band-aid of choice
In the accomplished ages bZx, a DeFi platform, was attacked aboriginal by a beam accommodation attack, again by a additional advance which manipulated a price oracle for a DEX, acceptance the attackers to accomplish off with about a actor dollars in Ethereum.
As a basic measure, abounding DeFi and blockchain projects accept angry to Chainlink as a accomplice for added defended blockchain oracles. LINK has been one of the hottest altcoin tokens back aftermost June, back their partnership with Google was announced.
Chainlink has additionally partnered with assorted added DeFi projects like Synthetix, a belvedere for arising tokenized assets, Loopring, a DEX, Aave, a DeFi belvedere which pioneered beam loans, Ampleforth, a acute bolt protocol, and others.
LINK has become a arch indicator for the all-embracing crypto markets, generally arch added altcoins back a change in trend happens. It has additionally been one of the best accepted altcoins amid traders on amusing media.
What are your thoughts on this trader’s advantageous LINK buy? Let us apperceive in the comments!
Images via Shutterstock, Twitter @cz_binance
