Earlier, the whale who was leveraged long on ETH sold 15,240 wstETH

Kabir903

Golden Finance reports that, according to on-chain analyst Yu Jin's monitoring, the whale who bought 780,000 LINK tokens at an average price of $7.62 on 7/20 and leveraged long on ETH from 8/29 to 9/4, today sold 15,240 wstETH (worth $28.25 million) to cut ETH leverage and continued to buy 457,719 LINK tokens (worth $3.49 million). Specifically, the address starting with 0x362 sold 7,140 wstETH and exchanged it for 13.25 million USDT to repay loans, then bought 244,135 LINK tokens (worth $1.86 million). The address starting with 0x8b9 sold 8,100 wstETH and exchanged it for 15 million USDT to repay loans, then bought 213,584 LINK tokens (worth $1.63 million). Currently, this whale has accumulated 1,253,989 LINK tokens (worth $9.5 million) since 7/20, with an average price of $7.62 per token.

Pooja193

That's still a significant amount of buying.

Janak9955

Many people are using USDT now, it's quite convenient.

Samiksha

USDT is a cryptocurrency, right?