LINK, the local cryptocurrency of the Chainlink decentralized oracle network, attracted attention by rising 45% in the last 2 days.
LINK stood out among many altcoins with its performance in recent days. exhibited in a short time 45% performanceAfter the eyes rise to the reason translated.
Provided by on-chainanalysis platform Lookonchain to data According to LINK behind its rise Cryptocurrency exchanges based in South Korea And whales took place.
Data, cryptocurrency exchanges Bithumb And Upbit Approximately in a 24 hour period 9 million dollars worth 945 thousand LINK He showed off what he had accumulated.
South Korea-based exchanges have traded different altcoins in the past period. to the rises he experienced He attracted attention by leading the way.
On the other hand, the collection of LINK supply in certain wallets was also among the prominent points. According to on-chain data, the total LINK supply to 20.26% corresponding $1.9 billion The asset is held on cryptocurrency exchanges. In addition $355.8 million worth 37.45 million LINK It seems that it is reserved for staking for passive income.
Million dollar whale domination
Whales also have serious dominance over LINK. Thought to belong to the same whale 81 different addressessince September 19 $110 million worth 11 million LINK accumulated.
In total Has more than 38 wallets Another whale thought to be approximately 80 million dollars worth 8.34 million LINK is available.
Another multi-wallet whale is the average from $7.58 1.25 million LINK took. From this investment of the whale, $2.1 million profit is available. These whales have not made any sales transactions yet.
Another whale is LINK price on October 22. for $9 When he arrived, he chose to sell all his assets. Not content with this, the whale launched a decentralized finance (DeFi) platform. Aave (AAVE) over 370 thousand dollars LINK took a loan and with all that wealth from $9.50 by selling short (short) took a directional position.
The whales in question are listed on South Korean exchanges. triggered the rise is considered.
According to CoinGecko data, LINK has increased with its rising performance in the last 2 days along with the increase in Bitcoin. $7.53 from level for $10.93 reached. Bitcoin last week 10% value with increase for 31 thousand dollars He approached and drew attention. LINK, at the time of writing from $10.40 is being traded.