Whales Have Landed in This Altcoin! “Highest in Four Months!”

Cryptocurrency markets, which have been on the rise, spent the past week in the green.

over $20,000 Bitcoin (BTC) together with Ethereum (ETH) and other altcoins and they continue to maintain their levels.

Oracle service provider among rising altcoins Chainlink (LINK) There is also.

Popular on-chain data analytics provider assessing this rise of LINK, which pushed it $8 last week centimentWhales became active during the LINK rise, he said.

LINK Stating that whale transactions reached the highest level in 4 months at the weekend, Santiment made the following statements in his sharing:

“LINK whales have been quite active this weekend, with Chainlik pushing the $8 level over the weekend.

On Saturday, 33 different LINK transactions with a value exceeding $1 million were seen. This was the highest whale activity day since June 27.”

🔗🐳 #Chainlink whales have gotten quite active this weekend as market prices have teased the $8 level a few times. Saturday saw 33 different $LINK transactions exceeding a value of $1 million. This was the highest whale activity day since June 27th. https://t.co/0eMNpYTDW2 pic.twitter.com/kaSkNdtLY6

— Santiment (@santimentfeed) October 30, 2022

Pointing out that LINK was on the radar of investors and crypto traders last October, Santiment pointed out that LINK remained strong throughout October.

Consolidated in the $6-8 range for a long time chainlinkIt is currently struggling with the $8 resistance level.

Just over $8 at the time of writing LINK It is trading at $8.10.