“Chainlink” whales addresses the collection, coinciding with the price of LINK rising around $ 34
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Answer “Chainlink” whales addresses the collection, coinciding with the price of LINK rising around $ 34
Several altcoins have been in the news lately, and it seems time to pay attention to LINK.
Oracle service provider cryptocurrency is hovering around $33.5-34 levels with a strong build-up of whales.
According to a report (saint):
There are currently 64 titles holding between 1 million and 10 million dollars in LINK coins.
In the past four days alone, these whale wallets have added 1.89% of Chainlink supply to their cumulative portfolios.
They are now reaching 18.01% of the total supply, which is a new record.
Unlike other cryptocurrencies, LINK has not been heavily involved in the recent bullish rally.Read:Why does Binance dominate spot and futures trading volume for cryptocurrency?
Its gains have been around 20% over the past month.
The Chainlink ecosystem continues to gain strength on solid foundations.
As more and more players within the DeFi ecosystem are using Chainlink to communicate across networks.
Chainlink continues to gain more presence and expand in the market.
Chainlink achieves a new milestone:
An important measure of the ecosystem (LINK) was the total value guaranteed (TVS) across multiple blockchains.
Last week, the total value secured (TVS) by Chainlink Systems exceeded $76.5 billion.
Chainlink price feeds are now emerging as the most popular oracle network in the DeFi arena.
As hundreds of DApps across Ethereum, Avalanche, and the Binance blockchain, now rely heavily on Chainlink networks.
Chainlink provides accurate and tamper-resistant market data and thus runs financial applications on the blockchain in decentralized lending markets.
Sergey Nazarov, co-founder of Chainlink, said:
Crossing $75 billion in total guaranteed value makes Chainlink one of the most valuable forms of decentralized consensus on the planet.
Chainlink networks secure the most valuable smart contracts across multiple chains.
Without reliable price data to initiate smart contracts, it is impossible to create DeFi applications, and we don’t think it is a coincidence that the rate at which Chainlink has been able to bring new market data into the blockchain is the rate at which developers have created DeFi applications. ) New and exciting.Read:The Ethereum network is experiencing tremendous growth for these reasons!
The digital currency LINK could be a competitor to other altcoins in terms of upside in the coming days.
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