According to onchain cryptocurrency data, crypto whales have been showing unusual activity. Over the past five days, 30 newly created major crypto whales have collected 1.37 million Chainlinks (LINK) worth a total of $34.1 million.
Crypto Whales Activity
Data provided by Lookonchain reveals that new crypto whales are actively acquiring tokens. The total purchase amount reached 1.37 million LINK, which equals $34.1 million over the past five days.
Purchases via Binance
All purchases were made through the Binance platform. Among these new whales, the largest purchase was $3.77 million, while the smallest amounted to $124,000.
Chainlink Price Fluctuations
Interestingly, price data seems to be moving in the opposite direction. Over the last seven days, the LINK price has lost 11% of its value. Over the past month, the LINK price has increased by 32% due to the bull wave in the cryptocurrency market. LINK is currently trading at $24.33, which is 53.96% lower than its all-time high of $52, reached 4 years ago.
These whale purchases occurred amidst significant price fluctuations for LINK, adding intrigue to future market developments. Purchases via Binance indicate substantial investment movements among major holders.
