NewsBTC
2022-11-01 07:07:02

Chainlink Price Skyrockets Amid High Whale Activity

Chainlink price movement this weekend was interesting as the market saw it rise unexpectedly. The crypto recorded increasing whale and shark activities leading to a spike. The oracle service provider witnessed token additions worth over $313 million on whale and shark LINK addresses. The price movement of many cryptos has been uncertain, given the volatility in the market. While many have recorded a steady climb, others have continued downward with little rallies. Related Reading: Dogecoin (DOGE) Mammoth Rally Takes Break, Why Dips Turned Attractive Before this new record, LINK price wasn’t doing well. But this past weekend saw the token shooting to $8. Currently, LINK is trading at $7.8, with a market capitalization of $3.8 billion over the last 24 hours. LINK And Other Altcoins Witness Strong Rally As October Draws The Curtain According to data from Santiment, the whale transactions on Chainlink reached a 4-month high over the weekend. The whale activities caused a spike in market activities, teasing the $8 level a few times. The whale activities remained strong all through October. Saturday recorded 33 LINK transactions worth over $1 million, the highest whale activity since June 27. Since September, Chainlink has been the target of investors and crypto traders. The $8 is a strong resistance level for Chainlink (LINK). A break in the price above the $8 level could have LINK moving upwards. Chainlink has been consolidating s...

获取加密通讯
阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约