LINK remains a hot commodity! Numerous institutions are rushing to build LINK positions. I sold all my LINK positions yesterday at 22.5 and placed an order to buy back at 20.85. This morning, the price plummeted to 20.84.
According to Lookonchain monitoring, multiple whale addresses have increased their LINK holdings over the past two days, with cumulative purchases exceeding 610,000. Address 0x3c9E withdrew 510,000 LINK (approximately $11.13 million) from Binance over the past two days and deposited them into the Compound protocol. Additionally, addresses 0x42A1 and 0x848a purchased 59,560 LINK (approximately $1.34 million) and 44,846 LINK (approximately $1 million) four and five hours ago, respectively.
Whales have purchased 8.1 million LINK tokens, valued at over $150 million, in the past two weeks.
Chainlink, a blockchain oracle platform, has partnered with Intercontinental Exchange (ICE) to bring foreign exchange and precious metals data to its blockchain. Chainlink announced Monday that the partnership will integrate ICE's aggregated data streams—which aggregate market data from over 300 global exchanges and markets—into a derivative dataset of the Chainlink data stream.
According to Chainlink, these feeds support over 2,000 decentralized applications (DApps) and major financial institutions, providing them with the market intelligence they need to operate in a tokenized environment.
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