Ethereum Biggest Whales “Light” and “Trinity” Jumps to Eat Chainlink (LINK) Dip as Price Reaches Its Critical Support Level.
Top Ethereum Whales are showing their hunger for Chainlink (LINK) as the price technically reaches its critical support level i.e., $13.78. Chainlink’s price depreciates over 5% for the day, and at the time of writing, it is trading at $13.88 per coin, almost near its critical support level. During the day, the LINK registered its low price of $13.18 and then rebounded to $14.71.
Following this rebound in price, Ethereum Whales became active and started to eat the dip. WhaleStats 24-hours data revealed that the 25th biggest well-known Ethereum Whale “Trinity” had bought a total of 858,198 LINK coins, valued at $12,049,104 ($12M), by carrying 2 transactions. 700,000 LINK coins worth $9,828,000 ($9.8M) were purchased by the whale in the first transaction. She made another transaction just after 4 minutes and purchased another 158,198 LINK coins worth $2,221,104 ($2.2M). Looking deep into the Whales wallet, we found that Chainlink is her 6th biggest holding and has a total of 858,148 LINK coins worth $12,207,949 (12.2M).
Following “Trinity,” another Ethereum biggest whale, known as “Light” also jumps to grab LINK coins and made one transaction to purchase 500,000 LINK coins, valued at $6,780,000 ($6M).
In total, both whales purchased 1,358,198 (1.3M) LINK coins worth $18,829,104 ($18.8M) in a matter of just 24 hours.
Chainlink managed to flip Polygon (MATIC) and becomes the most traded token by top 1000 Ethereum (ETH) wallets in the last 24 hours in response to recent whales’ activity.
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) February 22, 2022
According to WhaleStats, the top 1000 Ethereum (ETH) whales are now holding a total of 11,146,888 (11.1M) Chainlink, valued at $151,196,811 ($151M) in their wallets.