Chainlink ($LINK) Sees Accumulation Trend As Major Blockchain Payment Solution Unveiled

Chainlink ($LINK) has experienced nearly a month of consistent negative exchange netflows, signaling a strong trend of accumulation. This indicates that holders are withdrawing their assets from exchanges and moving them into cold storage or private wallets, reducing immediate sell pressure on the market. $LINK has seen consistent negative exchange netflows for almost a month, … Read more

Ethereum Ecosystem In August 2024: LINK’s Dominance, Volatility, And Whale Activity Define The Market

As August 2024 unfolds, the Ethereum ecosystem showcases a dynamic landscape where LINK emerges as the frontrunner, boasting a market cap of $6.19 billion, followed by UNI and AAVE. LINK’s consistent dominance since early 2023 underscores its stability and widespread adoption, making it a key player in the market. However, whale concentration in tokens like … Read more

Whale Activity Sparks Interest In AAVE And UNI

In a significant move today, a whale or institution made notable purchases of AAVE and UNI. This entity deposited 4 million USDC to Kraken and subsequently withdrew 35,983 AAVE (valued at $3 million) and 123,183 UNI (valued at $1 million). Currently, the whale holds a substantial amount of both tokens: 142,296 AAVE ($12.1 million) and … Read more

Coinbase Prepares To List $LINK Contracts Amid Growing Institutional Interest

Coinbase, the largest cryptocurrency exchange in the United States, has reportedly submitted filings to the Commodity Futures Trading Commission (CFTC) to list $LINK contracts under a self-certification model. This move signifies a significant step for the exchange, with the launch scheduled for July 15. Coinbase, the largest cryptocurrency exchange in the United States, submitted filings … Read more

Chainlink Data Streams Activate on Avalanche Blockchain With GMX Integration

Chainlink, a decentralized computing and oracle protocol, Avalanche, known for its layer one (L1) blockchain technology, and GMX, a notable decentralized exchange, have launched Chainlink Data Streams on the Avalanche blockchain. Chainlink, Avalanche, GMX Launch Data Streams on Avalanche Blockchain In communications shared with Bitcoin.com News by the three teams, the announcement notes that Chainlink … Read more

Whale Investor Boosts Positions In $WLD And $LINK Amid Price Surges

Sam Altman’s $WLD tokens briefly reclaimed the $4 trading price today, experiencing a gain of over 7%. Simultaneously, ChainLink (LINK) is trading above the $16 mark. According to on-chain reports, a prominent whale investor, known for making a $1.65 million profit in the January 2024 LINK band, has recently opened new positions worth $3.54 million … Read more

Whales Dump $12.37M In LINK and UNI, Triggering 4% Price Drop

In the last five hours, two significant whales, likely representing an institutional entity, offloaded 371,000 LINK ($6.48 million) and 541,000 UNI ($5.89 million) on Binance, causing the prices of both tokens to plummet by approximately 4%. These whales had accumulated the majority of these tokens in late May, driven by the Ethereum ETF approval hype. … Read more

Chainlink Surpasses $17.50, Driven By Trading Volume and On-Chain Metrics

Chainlink (LINK) has surged ahead of the broader cryptocurrency market, gaining 9% today and surpassing $17.50 for the first time in six weeks. This impressive rally has been accompanied by a substantial increase in 24-hour trading volume, which is up by 78%. 🔗📈 #Chainlink has climbed well ahead of the #crypto pack, quickly surpassing $17.50 … Read more