Chainlink is on the rise! 🚀 The latest data from Glassnode shows that the price of LINK is rising along with increasing on-chain activity. 📈
Chainlink has reached its highest price since 2022, and its futures position has also set a new record at $770.27 million. 💰 This is usually a sign that trading is very active. Many investors are optimistic that LINK can reach a new, higher price in early 2025. 🌟
From the analysis, short-term and ultra-short-term investors are currently taking the most profit from LINK. 💸 Meanwhile, long-term investors tend to be more passive. Although the number of active addresses is increasing, it is still far from its peak in 2021. 📉
Currently, LINK is trading at $24.96 and has decreased by 6.5% in the past 24 hours. 🔄 This price fluctuation shows that various investment strategies are being implemented.
With on-chain activity continuing to increase, Chainlink remains an attractive option in the crypto market. 🌐
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