🐋 "LINK Is On The Rise: Whales and Sharks Are Making a Scene!"
- Chainlink (LINK) just surpassed $29 for the first time in 37 months. In the past week, the token has risen 21%, making it one of the best performing altcoins.
- What's the secret? It turns out, whales and sharks are busy accumulating LINK! According to Santiment analysis, large wallets added 5.69 million LINK, while small wallets removed 5.67 million LINK. This pattern is often a sign of future growth.
- However, LINK's success still depends on Bitcoin. If Bitcoin remains stable, patient LINK holders can smile broadly.
- There's also news from World Liberty Financial that bought $1 million worth of LINK, making it one of their four largest assets.
- LINK trading activity is also increasing, with Futures Open Interest hitting a record high of $770.27 million. Despite the profit-taking, interest in LINK remains high.
What do you think about this trend? Come on, let's discuss in the comments column!