According to current data, major crypto addresses on the Ethereum network have been uploading to the popular altcoin Chainlink (LINK) for the past 14 days.
According to blockchain tracking service Lookonchain, a total of 30 addresses that are potentially the same person, 2.6 million LINK from crypto exchange Binance worth over $18.5 million has accumulated.
“Whales have been accumulating LINK lately.
– 30 new addresses (maybe the same whale) have accumulated a total of 2,645,590 LINK ($18.52 million) from Binance in the last 2 weeks.
– Whale “0xD51b” bought 367,814 LINK at $6.59 with 2,422,717 USDT on March 15.”
Crypto whales are groups or individuals who own large amounts of cryptocurrencies and are believed to manipulate market prices with large trades. Therefore, altcoin trading by whales is followed with great interest by the crypto community.
In addition to this whale accumulation, Chainlink continues to work on important projects. Coming from the Altcoin team yesterday to the announcement According to Chainlink’s three services; It is integrated into six different blockchains, including Arbitrum, Avalanche, BNBChain, Ethereum, Optimism, and Polygon. These integrations of Chainlink will help and facilitate these major blockchain platforms to communicate with each other.
Lookonchain also spotted some Ethereum whales that made large crypto transactions over the weekend. According to the firm, a whale sent over $50 million in stablecoins to Binance on Saturday in two transactions and subsequently made a large purchase of ETH.
“A whale transferred 30.73 million USDC to Binance yesterday and received 14,683 ETH ($26 million worth) from Binance 5 minutes ago. Then, 20 minutes ago, he transferred 19.68 million USDT back to Binance.”
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