According to on-chain data, whales saw the staking launch as an opportunity and collected a large amount of ChainLink (LINK) in the past 2 weeks.
On-chain analytics platform lookonchain According to data shared by Whales, whales have collected a large amount of LINK in recent weeks. According to analysts, this demand of whales on LINK is due to the platform’s implementation today. LINK stake v0.1 It is thought to be due to the possibility of potential earnings created by the news. The data has been particularly clear since 23 November for a whale. $107.6 million worth 14.3 million LINK revealed that he bought it. According to Lookonchain, there is a possibility that this address belongs to a company.
Another address that collected a significant amount of LINK was “0xd51b”. This address is on Uniswap on November 30. $2.15 million worth 284,496 LINKS he bought. Average purchase price per piece of the specified address 7.69 was dollars.
Another address that made large purchases at once in the recent past was recorded as “0xe6a5”. This address is on 1inch platform 500,000 DAI in return 66,723 LINKS he bought. The average purchase price per piece of the whale in question is 7.49 was dollars.
The LINK staking process has started as of today. CoinGecko According to the data of LINK price in the last 2 weeks more than 30% gained value and at the time of writing the news from $7.25 is being traded.