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Whales Aggressively Buying Chainlink Dip, In Past 24 Hours ETH Whales Accumulated 8,70,335 LINK Worth $20.8M

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Ethereum whales start taking an interest in Chainlink (LINK).

It all started when a mysterious Ethereum Whale started buying Chainlink rapidly.

The whale ranked 35 by the Whalestats first bought 60,000 Link worth $1,531,200 USD. The same whale again bought 127,999 Link for $3,266,551, 155,110 Link for $3,958,414, 59,999 Link worth $1,531,186, 49,999 Link worth $1,275,986, 130,010 Link  for $3,317,873, 55,120 Link for $1,406,674. That is a massive 6,38,237 link bought worth $15.3 million in 7 transactions in last 24 hours. Chainlink is now the largest holding of Whale 35, representing 77% of her portfolio.


The massive purchase from Whale 35 started a trend of buying Link among whales. 

Another mysterious Ethereum whale then made four transactions one after the other and accumulated a massive number of LINK coins into his portfolio. In his first transaction, the Whale bought 45,999 Chainlink coins for $1,241,973. The other transaction was carried just after an hour, and the Whale accumulated an additional 54,999 of LINK, for $1,484,994.

Just after an hour, the Whale made the third transaction and accumulated 40,999 of more Chainlink, valued at $1,106,987. At the same time, Whale made the last transaction and added 39,999 more Chainlink for $1,079,986. In the past 24 hours, this whale accumulated 181996 links worth $4.3M.

Overall this Whale now holds 634,040 LINK coins, worth $13.6M. According to Whalestats data, the total value of the wallet right now is $61,685,657, and LINK is the third-biggest position by dollar value (3.74% of his total holding), following Ethereum (ETH) and Tether (USDT).

Following the two whales, another whale bought 50,122 link ($1,304,174). The whale is ranked #99 on Whalestats. In total this Whale currently holds $52,262,972 worth of Link representing 75% of her portfolio.

In the last 24 hours, whales accumulated 870335 Link tokens worth $20.8M. Chainlink’s price is currently trading at $24.39, decreasing -5.24% in the last 24 hours. Whales’ aggressive accumulation can signify a price increase is coming soon.

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Mark Brennan
Mark Brennan
Mark Brennan has been active in the cryptocurrency sector since 2014. His love and passion for the nascent industry drove him to develop interest in writing about important developments and updates about cryptocurrencies and blockchain. Brennan, who holds a Masters degree in Business Administration, learned about the potential of blockchain technology. Aside from crypto journalism, Brennan runs an education center, where he educates people about the asset class.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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