Chainlink (LINK) even surpassed Shiba Inu (SHIB) to become the most traded token by the top 100 Ethereum (ETH) whales in the past 24 hours. Here are the details…
Big investors no longer focus on SHIB
According to the data, whales, the largest investors with the amount of coins in their hands, have been holding Chainlink (LINK) widely lately. LINK also became the most traded token by the top 100 Ethereum (ETH) whales, surpassing Shiba Inu (SHIB). Chainlink price has increased significantly in the last 24 hours as a result of interest from the biggest Ethereum whales.
According to data from WhaleStats, Chainlink (LINK) has received demand from the top 100 Ethereum whales. On average, whales purchased 7710 LINK tokens for $105,877 in the last 24 hours. The LINK token became the widely held token by Ethereum whales, surpassing the Shiba Inu (SHIB). As we reported on Kriptokoin.com, the Shiba Inu attracted great attention after it was listed on the Robinhood app recently and caused a 10 percent increase in its price in just a few hours.
Three Arrows Capital acquires LINK
Also, the 10th largest Ethereum whale, Three Arrows Capital, purchased approximately 135,989 Chainlinks for approximately $1,855,555 at 21:19 UTC on Thursday. . Similarly, other whales including ETH whale “Radagast” bought 269,816 LINK for $3,736,964 in the last 24 hours and ETH whale “Great Goblin” 199,015 LINK for $2,756,357.
Founded in 2017, Chainlink is a Blockchain abstraction layer that provides universally connected smart contracts. Through a decentralized oracle network, Chainlink allows blockchains to securely interact with external data feeds, events, and payment methods, providing the critical off-chain information complex smart contracts need to become the dominant digital contract form. . The Chainlink Network is driven by a large selection of open source data providers, node operators, smart contract developers, researchers, security auditors, and more.
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