The price of LINK skyrocketed as whales converted millions of dollars worth of Ethereum (ETH) into Chainlink.
Ported by the on-chain analytics platform Lookonchain information Two different whale addresses have recently been synchronized around approx. 6 million dollars worth 788,877 LINKS took. Average purchase price of whales $7.62 while there is a notable increase in LINK price. rise it happened.
With the purchase of whales, activity is seen on the LINK board, while price $7,416 from the levels to 9% gaining more value 8 dollars exceeded.
Based on the timing of the purchases, Lookonchain suggested that these two wallets were probably managed by the same person. Purchases Ethereum And stETH took place with Two different wallets in total 3,074 stETH And 71 ETHdecentralized exchange (DEX) 0xProtocol through To 788,877 LINK has transformed.
The two whale wallets, which are the subject of the news, currently do not have a different cryptocurrency other than LINK and a small amount of Ethereum.
Within 24 hours, according to CoinGecko data 15.1% rise exhibiting LINK, at the time of writing at $8.03 is being traded.