Whales Invest Over $312M in ChainLink Since the Beginning of March
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The price of ChainLink exceeded $7 over the weekend, but on the night of Monday, October 24, its price corrected to $6.98.
The capitalization of LINK now exceeds $3.441 billion and the coin is in 21st place in the ranking of the largest digital currencies. The altcoin surge was a direct result of the activation of the whales, according to a report from the Santiment team.
Analysts have found that whale addresses, each holding more than $700,000 in ChainLink, have accumulated the largest amount of cryptocurrency since 2017.
At the moment, 458 addresses are holding LINK worth at least $700,000. But not only whales are buying cryptocurrency. Average investors, sometimes referred to as sharks, are also hoarding.
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