WhaleStats data shows that Chainlink (LINK) is the most traded token among the top 1,000 Ethereum whales, surpassing Yearn.finance (YFI). In the last 24 hours, whales have bought LINK instead of SHIB or DOGE, making the oracle token one of the most used smart contracts. Chainlink, which is ranked ninth in this category, gained more than 8% at one point yesterday.
Whales, not SHIB and DOGE, bought massive amounts of LINK
Top 100 Ethereum wallets have an average of 170.677 ETH, 149 tokens and three NFTs, totaling $1.3 billion in assets. More than $168 million LINK is held by one of the biggest Ethereum whales. Among other cryptocurrencies that whales stock, Chainlink’s total ownership is approximately 1.93%.
However, ETH whales accumulate the most Uniswap (UNI) and The native token of the FTX exchange, FTT, is still the most valuable cryptocurrency in dollar terms. The largest ETH whales hold approximately $1.4 billion in FTT, according to WhaleStates data. That’s over 16% of all whale portfolios. Chainlink is one of the most popular cryptocurrencies bought among ETH whales.
Chainlink (LINK) announces new news
Chainlink is a Blockchain abstraction layer that allows smart contracts to be connected globally. It was created in 2017 and its roadmap includes Web 3.0 integration.
Aloha, a DeFi platform, Chainlink Verifiable Random Function on Polygon mainnet (VRF) successfully integrated. Thus, Aloha will be able to offer a more transparent user experience.
Chainlink has lost more than 5% in the previous 24 hours. At the time of writing, the 24-hour trading volume is $727 million, trading at $13.22. LINK is the 23rd largest cryptocurrency with a market cap of $6.5 billion on CoinMarketCap. Despite losing nearly 75% from its ATH of $52.88, which it reached on May 10, 2021, it is still one of the most bought cryptocurrencies by Ethereum whales. You can find the list of other tokens purchased by Ethereum whales, which we transferred as Kriptokoin.com.
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