Chainlink Rises to $17 With Small Addresses Slowing and Big Dormant Wallets Moving!

🔗📈 #Chainlink has jumped ahead of the #altcoin pack after some previously dormant wallets created the highest daily Age Consumed spike of 2024 (5.38B, calculated by multiplying coins moved by the amount of days those coins had been dormant).

This influx of $LINK back into the network's circulation has likely contributed to the price jump. Additionally, the network had seen minor liquidations of wallets, which is often a sign of #FUD that can contribute to further price rises.

With this chart, track how these two metrics continue to fluctuate in the coming weeks to see if there are hints of $LINK having the potential to rebound to $20 and beyond!

Open a FREE Sanbase PRO trial here, and see these metrics in real-time!