Whales Flock to Chainlink (LINK) Amid Price Dip With a $44 Million Purchase
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Dec 23 2024Whale Accumulation of Chainlink (LINK): Following a price dip to $20.1, Chainlink saw significant accumulation by whales, with holdings in wallets containing 10 million to 100 million LINK increasing by over $44 million, indicating bullish sentiment among large investors.
Chainlink's Leadership in Real-World Assets: Chainlink is leading the real-world assets sector in development activity, outpacing competitors like Synthetix and Dusk Foundation, and has formed partnerships with major companies for RWA tokenization, highlighting its growing influence in the market.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
