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LINK's Marines Can Attribute the Asset's Success Toward Key Stakeholders

@brianq
1 min read
12.12.2024
LINK


๐Ÿ”—๐Ÿ“ˆ Chainlink has surpassed $29 for the first time in 37 months, generating excitement from the community. This latest decoupling of LINK's price has been supported by rising levels of whale & shark accumulation.

๐Ÿณ๐Ÿฆˆ Wallets with 100K+ LINK have added 5.69M LINK to their collective wallets in just 2 months

๐ŸŸ๐Ÿฆ Wallets with less than 100K LINK have dumped 5.67M LINK from their collective wallets in just 2 months

Throughout the history of crypto, large wallets scooping up coins from impatient or panicked retail traders is typically a recipe for market cap rises.

Of course, the success of large cap altcoins like Chainlink will still be dependent on Bitcoin's ability to stay propped up. If it does, there are strong signs that patient hodlers will be rewarded in the long-term.

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ChainLink LINK

$ 15.38
16.67%
in last 7d
LINK

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