Entity b198 Mobilizes 3.67 Million USDC to Build LINK Position

NftDeepBreather · 2026-01-21T14:30:29+00:00

On January 4th, entity b198 acquired 272,979 ChainLink tokens using 3.67 million USDC across three wallets, averaging $13.45 per token. Despite the average price exceeding the current market level of $12.35, the purchase reflects strategic confidence in ChainLink.

NftDeepBreather

2026-01-21 14:30:29

Abstract generation in progress

According to Onchain Lens data tracked by PANews on January 4th, a coordinated group of three wallet addresses associated with entity b198 executed a significant capital deployment, acquiring 272,979 ChainLink tokens in a calculated accumulation strategy.

Purchase Details and Capital Allocation

The entity b198 allocated exactly 3.67 million USDC across the three coordinated addresses to secure the LINK tokens at an average entry price of $13.45 per token. This substantial on-chain transaction reflects strategic positioning in the ChainLink ecosystem, with the entities demonstrating confidence through synchronized acquisition across multiple wallets—a pattern typically associated with organized capital management.

Market Context and Price Dynamics

Notably, the average purchase price of $13.45 sits above the current LINK trading level of $12.35 (as of January 21st), indicating that entity b198’s position has experienced a modest paper loss in the interim period. This price differential underscores the importance of timing in large-scale token accumulation, particularly for entities like b198 conducting multi-wallet operations in volatile market conditions.

USDC-0.02%

LINK3.1%

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