Two Ethereum Whales Scoop Up 337,153 Chainlink (LINK) Worth Over $4.82 Million within 24.
As per WhaleStats data, in recent hours, whales have been grabbing LINK as the crypto market dipped and LINK price touched the critical support level of $13.47 on the daily chart.
The blockchain data tracker reported three different transactions involving Chainlink purchases; the most recent LINK transaction was an Ethereum whale named “Saitama” acquiring 137,173 LINK for $1,991,751 ($1.99M). Saitama is ranked as the 179th biggest Ethereum whale on WhaleStats.
? An ETH whale just bought 99,990 $link ($1,416,858 USD).
Ranked #23 on WhaleStats: https://t.co/2do7yJzgy7
Transaction: https://t.co/xJH4HH6zWH#LINK #ERC20 #DEFI #ETH #whalestats #babywhale #BBW
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) March 18, 2022
Another mysterious whale ranked 29th biggest ETH Whale made two transactions of the same amount, i.e., 99,990 LINK, worth $1,416,858 ($1.41M). The second transaction also consists of the same number of links. In total, the whale accumulated 199,980 LINK, worth $2,833,716 ($2.83M).
So far, both of these top Ethereum whales have accumulated a total of 337,153 LINK, worth 4,825,467 ($4.82M) during the past 24 hours.
The Ethereum whales appear to become active once the price reaches its daily critical support level of $13.47. Technically, this is the third time LINK has tested this necessary support level and bounced off. At the time of writing, LINK’s price is trading at $14.41.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.