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Binance Receives Ondo (ONDO) and Chainlink (LINK) Tokens Bought for $676,500

The combined position reached $1.084 million at its peak, $407,500 above the reported cost; the transfer does not show that the trader realized that difference.

Updated 1 min read
A graphic depicts two digital assets entering a cryptocurrency exchange account. / TokenPost.ai (mono)
A graphic depicts two digital assets entering a cryptocurrency exchange account. / TokenPost.ai (mono)

On Oct. 18, a Binance-bound transfer involved nearly 30,000 Chainlink (LINK) and 1.662 million Ondo (ONDO); the move alone does not establish whether the trader sold either holding.

A reported $676,500 outlay preceded the Binance move by about five months; during that period the two assets’ combined value topped out at $1.084 million. KIMCHOWOO was the OpenSea name linked to the trader.

The deposit alone does not confirm that the trader sold the assets.

The $407,500 difference between the reported cost and peak value is not a confirmed realized gain.

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