😱🐋🐋Newly launched Whale wallet focuses on a single Altcoin
While cryptocurrency markets are waiting for Ether spot ETFs to open their transactions in the USA, Ether-based LINK has also been the choice of whales, especially in the last week. According to Lookonchain's reporting, 30 million 2.1 million LINK units were purchased in 1 week with 54 budgets that belonged to large institutions or whales and were also renewed.
Interest grew with tokenization
#Chainlink (#LINK ), which has made a splash with its work in the field of tokenization and expanded its investor base, especially in the last year, rose from 4-5 years old levels in this period last year to 21 years old in March. While many altcoins failed to survive Bitcoin's steep decline, the decentralized "oracle" coin was identified as one of the rare tokens that did so.
Thanks to Chainlink's Cross-Chain Interoperability Protocol (CCIP), many important trials and tests, including SWIFT, were completed successfully last year. After these trials, there was a price increase in LINK.
CCIP allows value transfer between different blockchains easily and quickly. In this way, it is aimed to spread the tokenized equivalents of real world assets to the digital world and reach large crowds.
Whales prefer to buy Chainlink ($LINK ) in the last week. According to the chain, 30 million LINK purchases were made in 1 week from 54 newly opened branches.
