As per the latest information, it has been identified that Ethereum (ETH) whales are buying an altcoin. The altcoin is used to power data feed services in the decentralized finance industry.
According to WhaleStats, oracle network Chainlink (LINK) has started to garner the attention of large Ethereum whales.
As per the latest data shared by WhaleStats, in 1,000 wealthiest non-exchange Ethereum addresses, LINK is accounted for 2.21 of all holdings, which is amounting to $261.4 million.
With this LINK has surpassed Matic as the most traded altcoin among whales.
The data also shows how one Ethereum whale went on a shopping spree to buy LINK and bought over $15 million worth of tokens in the last day. The whale wallet at present holds 1.3 million LINK tokens, valued at a price of over $32.1 million.
Disclaimer: The article is just to provide information and shouldn’t be considered as any financial advice. It is advisable to conduct thorough research before investing in any cryptocurrency.
Photo by – geralt on pixabay
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