As the cryptocurrency market continues its sideways price movements, we have seen the biggest Ethereum whales sell out stablecoins such as USDT, USDC and BUSD in the process. Apart from that, several tweets by Whale Alert reported that various large chunks of Bitcoin (close to 10,000 BTC each) from Coinbase have been moved to anonymous wallets. We see that current whale transactions take place around Chainlink.
This altcoin was looted by an Ethereum whale
In the past 24 hours, Chainlink (LINK) was the most traded altcoin among the top 100 Ethereum (ETH) wallets. According to the latest statistics from WhaleStats, Chainlink seems to be attracting the 100 richest whale wallets of Ethereum. Therefore, LINK has been the most actively traded token among them in the last 24 hours.
Also, a large amount of LINK in the wallets of Ethereum whales, other than just buying The token was seen accumulating, making LINK the fourth most acquired cryptocurrency.
According to the WhaleStats report, which we have cited as Cryptokoin.com, Ethereum whales have been It collected a total of 1,726,788 (1.72 million) LINK worth $22,916,811 ($22 million) in five transactions in 24 hours. The well-known Ethereum whale “Gimli” was also shared to hold 476,799 (476k) LINK tokens worth $6,303,296 ($6.3 million).
The giant whale named “Gimli” increases Chainlink accumulation
Currently, the whale holds 495,329 tokens worth $6,387,696 ($6.3 million). The average LINK purchase price of “Gimli” is $13. Overall, the top 100 ETH whales hold a total of $166,409,166 ($166 million) worth of LINK. According to data from CoinMarketCap, LINK is the 23rd largest cryptocurrency in the world by market capitalization and is currently trading at $13.25, up slightly on the day. Chainlink is trading 74% below the all-time high (ATH) of $52.88 set on May 10, 2021. It has a market cap of approximately $6 billion, with a daily trading volume of over $13 billion.
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