Recent updates on whale activity and Chainlink's partnership with TRON have drawn attention to LINK, which is showing positive momentum.
Whale’s Major Transaction with LINK
Today, a major investor (whale) deposited 200,355 LINK tokens onto Binance, amounting to $3.27 million. This transaction netted him a profit of $1.08 million after nine months of waiting, during which his investment significantly appreciated.
Chainlink Integrates with TRON
Chainlink also announced the integration of its decentralized oracles with the TRON blockchain. This integration promises to enhance the functionality of TRON's smart contracts, which boosts user interest in LINK.
Current Market Situation for LINK
Following the whale's transaction, LINK's price has been quite volatile, currently standing at $16.28. This marks a 0.9% increase from the previous day and a 34% increase from the last month. As a result of this activity, LINK's trading volume increased by 15.40%, indicating growing investor interest.
Recent developments surrounding Chainlink, including whale transactions and TRON integration, highlight the significance of this token in the market and its potential for future growth.
