Chun Wang, the founder of the world's 4th largest Bitcoin mining pool f2pool, commented that “the bears are hungry” after the sale of 200 thousand LINK.
According to Lookonchain data, Wang's wallet pulled 1.5 million dollars of LINK liquidity from Uniswap about 5 hours ago and sold these LINKs. Wang, who received $ 1.38 million in ETH after the sale, converted $ 155 thousand into USDC.
Wang's LINKs average sale price was $7.7.
Citing Lookonchain's post, Wang shared a video about polar bears and said, “Bears are hungry. They need money to buy food.”
Last week, LINK, which rose sharply, went up to $ 8.4. With the new week, LINK fell below $8 again.
With $269 million in his wallet, $200 million of the celebrity's assets are staking in ETH, while other assets are held in staking and lending protocols for passive income across different platforms.
