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Largest Ethereum Buyers Splurge Over $260,000,000 on One Crypto Asset, Making It the Most Traded Token Amongst ETH Whales

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Contemporary knowledge exhibits the world’s largest Ethereum (ETH) whales are stocking up on an altcoin that powers a knowledge feed service for the decentralized finance trade.

The blockchain-transaction tracker WhaleStats says in a tweet that oracle community Chainlink (LINK) is gaining recognition with crypto whales.

“LINK is so scorching with many massive transactions right now.
Taking a look at our metrics, LINK is:
-most traded token
-on high 10 bought tokens
-on high most used good contracts
-among 1000 largest ETH wallets.”

The newest numbers from WhaleStats reveal that among the many 1,000 wealthiest non-exchange Ethereum addresses, LINK at present accounts for two.21% of all holdings at a worth of over $261.4 million.

Supply: WhaleStats

WhaleStats additionally tweeted out that Chainlink had surpassed multi-chained scaling resolution Polygon (MATIC) as probably the most traded altcoin amongst whales with huge luggage.

One whale simply went on a Chainlink purchasing spree and picked up over $15 million price of the token in a 24-hour window. The pockets now holds greater than 1.3 million LINK price over $32.1 million.

At time of writing, the value of Chainlink is up 7.74% on the day to $25.10, the best it’s been since LINK dropped from a fall peak above $38 in early November.

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Featured Picture: Shutterstock/Blackdog1966/Natalia Siiatovskaia



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