Chainlink Whales Accumulate as Wallets Hit New All-Time High
- The number of Chainlink wallets holding at least 100,000 LINK has reached a new all-time high of 805.
- These large wallets have increased by approximately 8.2% over the past seven weeks.
- At the current exchange rate, holding at least this amount of LINK equates to $957,000 or more.
- Bitcoin whales have shown a contrasting trend by selling off approximately $1.41 billion worth of BTC recently.
- Currently, Chainlink is trading at around $9.57, unchanged from one week ago.
The increase in large Chainlink wallet holders indicates growing interest from big-money investors despite the cryptocurrency’s sideways price movement in recent months.
This accumulation trend among Chainlink whales contrasts with Bitcoin’s recent distribution pattern among its largest holders, highlighting differing investor behaviors across these networks.(Source)
