LINK Shoots up 30% in 5 Weeks as Chainlink Whales Load up But What is Driving Momentum?
The post LINK Shoots up 30% in 5 Weeks as Chainlink Whales Load up But What is Driving Momentum? appeared on BitcoinEthereumNews.com. According to on-chain data from analytics provider Santiment posted on October 17, LINK has made 30% over the past five weeks or so. It reported that whale wallets with 100,000 to 1 million LINK tokens “have accumulated aggressively,” with $38.5 million worth added in the past week alone. “Their moves are more relevant than small retail traders taking profits,” it added. Furthermore, LINK has added 20% over the past month, however, the yearly chart shows a lot of chops between $6 and $8.
The post LINK Shoots up 30% in 5 Weeks as Chainlink Whales Load up But What is Driving Momentum? appeared on BitcoinEthereumNews.com.
According to on-chain data from analytics provider Santiment posted on October 17, LINK has made 30% over the past five weeks or so. It reported that whale wallets with 100,000 to 1 million LINK tokens “have accumulated aggressively,” with $38.5 million worth added in the past week alone. “Their moves are more relevant than small retail traders taking profits,” it added. Furthermore, LINK has added 20% over the past month, however, the yearly chart shows a lot of chops between $6 and $8.
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