Crypto Whales Bet Big On LINK – Is Chainlink The Next Bitcoin?

The momentum of Chainlink (LINK) in February has largely subsided and the current performance of the crypto seems lackluster when compared with other large crypto assets. However, it would appear that the cryptocurrency is gearing up for some action in the coming weeks. Interestingly, new on-chain data has revealed a fresh accumulation pattern by LINK whales which could set up the resumption of a price uptrend. Related Reading: Shiba Inu Mania: Price Surges 60% As Burn Rate Heats Up Over 22,000% According to blockchain tracker Lookonchain, there’s been an outflow of 831,160 LINK worth $16.72 million from crypto exchange Binance in the past two days into eight new private wallets. It seems that whales are buying $LINK! We noticed that 8 fresh wallets withdrew 831,160 $LINK($16.72M) from #Binance in the past 2 days. Address:https://t.co/bkikjTpUtyhttps://t.co/DaBt99fo8Ohttps://t.co/h8fjMdXiU4https://t.co/vcBkwRMUJMhttps://t.co/sD9YDQd4Sj… pic.twitter.com/77Y9RqF3t6 — Lookonchain (@lookonchain) March 9, 2024 Chainlink Whales Resume Accumulation Trend? Whale transactions are largely monitored because they help to show the ge ..

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