Chainlink (LINK) has broken through $29 for the first time in 37 months! 🚀 LINK, which has increased by 21% in the last week, has become one of the best performing altcoins.
According to Santiment, the surge was triggered by heavy buying by whale and shark wallets. Large wallets added 5.69 million LINK, while small wallets sold 5.67 million LINK. This could be a sign of future growth.
LINK’s success depends on Bitcoin’s stability. If Bitcoin remains strong, LINK holders could see rewards in the long term. Also, Trump family-backed World Liberty Financial increased its LINK holdings to $2 million.
LINK Futures OI reached an all-time high of $770.27 million. $35.57 million profit was made in the spot market. LINK’s fundamentals are showing positive signals, active addresses are increasing. 📈